Garnaev, Andrey; Galegov, Alexsandr - In: Czech Economic Review 2 (2008) 3, pp. 227-236
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...