Results 151 to 160 of about 1,310 (176)

Stackelberg versus Cournot oligopoly equilibrium

International Journal of Industrial Organization, 1992
Abstract We compare an m-firm Cournot model with a hierarchical Stackelberg model where m Firms choose outputs sequentially. The Stackelberg equilibrium price is lower, so output and total surplus are higher; total profits are lower. While the first mover in a Stackelberg duopoly earns more than a Cournot duopolist, this is not necessarily true for m
Simon P. Anderson, Maxim Engers
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Existence theorems of equilibrium points in stackelberg

Optimization, 1987
A two players static. Stackelberg game is considered with constraints on the decision variables. Existence theorems of equilibrium points are given when the reaction set of the follower to the strategy of the leader, is a singleton. Some definition are presented and discussed and a simple existence theorem is given also in the case when the follower ...
R. Lucchetti, F. Mignanego, G. Pieri
exaly   +2 more sources

Stackelberg Equilibrium with Private Information

1996
There are industries in which not every firm is on an equal footing. Some firms play a dominant role, while others, following the lead of the dominant firms, act rather passively. There are two common approaches to incorporate these passive firms in theoretical analysis.
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Entry in a Stackelberg perfect equilibrium [PDF]

Economics Bulletin, 2007
This paper considers welfare effects of entry when the incumbent firm behaves like a Stackelberg leader in the product market. In contrast to the existing literature, we show that entry may increase welfare for any cost asymmetries between the firms. Using a general demand function we show the condition for welfare improving entry.
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Dynamic Stackelberg equilibrium congestion pricing

Transportation Research Part C: Emerging Technologies, 2007
Abstract This paper considers the problem of dynamic congestion pricing that determines optimal time-varying tolls for a pre-specified subset of arcs with bottleneck on a congested general traffic network. A two-person nonzero-sum dynamic Stackelberg game model is formulated with the assumption that the underlying information structure is open loop ...
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Nash and Stackelberg Equilibrium

2023
Julio B. Clempner, Alexander Poznyak
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Stackelberg Equilibrium Sets in Polymatrix Mixed-Strategy Generalized Stackelberg Games

2018
By modifying the principle of simultaneity in strategy/simultaneous games to a hierarchical/sequential principle according to which players select their strategies in a known order, we obtain other class of games called Generalised Stackelberg Games or simply Stackelberg Games. Such games are called sequential games to especially highlight a sequential
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When is a Stackelberg Equilibrium Pareto Optimum?

1995
Bi-level optimization problems arise in hierarchical decision making, where players of different ranks are involved. The situation is described by the so-called Stackelberg game. The players of lower rank, called followers, react to decisions made by the first rank player, also called the leader.
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On Nash–Stackelberg–Nash games under decision-dependent uncertainties: Model and equilibrium

Automatica, 2022
Qiuwei Wu, Yunfan Zhang, Zhaojian Wang
exaly  

Equilibrium properties of the nash and stackelberg strategies

Automatica, 1977
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