A Note on Regulating Oligopolistic Industries: A Hierarchical Model.

In a 1994 paper, extending the well-known incremental surplus subsidy scheme of Sappington and Sibley, Schwermer presented a non-Bayesian incentive scheme for regulating a Cournot oligopoly industry. This note designs an oligopolistic incentive scheme for a hierarchical Stackelberg model in which firms choose outputs sequentially. Copyright 1997 by Kluwer Academic Publishers

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Year of publication:	1997
Authors:	Lee, Sang-Ho
Published in:	Journal of Regulatory Economics. - Springer. - Vol. 12.1997, 1, p. 91-97
Publisher:	Springer

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005678483