How Hierarchical Structures Impact on Competition

Stackelberg models for hierarchical oligopolistic markets with a homogenous product were studied by researchers extensively. The goal of this paper is to extend the classical solution in closed form of the Stackelberg model for a general hierarchical structures composed by firms arranged into groups of different hierarchical levels.

MoreLess

Year of publication:	2008
Authors:	Garnaev, Andrey ; Galegov, Alexsandr
Published in:	Czech Economic Review. - Institut ekonomických studií, ISSN 1802-4696. - Vol. 2.2008, 3, p. 227-236
Publisher:	Institut ekonomických studií
Subject:	Hierarchical structures \| multi-level Stackelberg equilibrium \| Nash-Cournot equilibrium

More details

Extent:	application/pdf
Type of publication:	Article
Classification:	C72 - Noncooperative Games
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005698641