Breitmoser, Yves - In: International Journal of Industrial Organization 30 (2012) 1, pp. 16-29
In many industries, firms pre-order input and forward sell output prior to the actual production period. It is known that forward buying input induces a “Cournot–Stackelberg endogeneity” (both Cournot and Stackelberg outcomes may result in equilibrium) and forward selling output induces a...