Wan, Rui; Boyce, John R. - In: Resource and Energy Economics 37 (2014) C, pp. 102-121
The market structure for many mineral industries can be described as oligopoly with potential for Stackelberg …” Stackelberg (TS) model of non-renewable resource extraction, where firms move sequentially within each period and where both the …. Unlike static Stackelberg games, the follower does not necessarily have a second mover disadvantage. …