1992
DOI: 10.2307/j.ctvcmxrzd
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Game Theory for Applied Economists

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Cited by 755 publications
(506 citation statements)
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“…The Stackelberg duopoly is a dynamic model of duopoly in which one firm, say firm A, moves first and the other firm, say B, goes after. Firm A is usually called the leader and firm B is the follower, and therefore the model of duopoly is also called the leader-follower model [45]. Before making its own decision, firm B observes the opponent' s move.…”
Section: Quantum Stackelberg Duopolymentioning
confidence: 99%
“…The Stackelberg duopoly is a dynamic model of duopoly in which one firm, say firm A, moves first and the other firm, say B, goes after. Firm A is usually called the leader and firm B is the follower, and therefore the model of duopoly is also called the leader-follower model [45]. Before making its own decision, firm B observes the opponent' s move.…”
Section: Quantum Stackelberg Duopolymentioning
confidence: 99%
“…9 We have confined our attention to pure-strategy product-line equilibria. However, as correctly pointed out by Reviewer 1, our simultaneous product-line game has the flavor of the Battle of the Sexes game (Gibbons 1992, Chapter 1), which suggests that a mixed-strategy product-line equilibrium likely exists. 10 Let α i (i = 1, 2) denote the size of firm i's loyal segment.…”
Section: Resultsmentioning
confidence: 85%
“…However, it may be difficult for a third party (such as court) to enforce the contract, perhaps because the appropriate measures of output include the quality of output, unexpected difficulties in the conditions of production, and so on [42]. Therefore, in some scenarios, the ex ante reward mechanism could be more suitable than the ex post reward mechanism.…”
Section: Ex Ante Reward Mechanismmentioning
confidence: 98%