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文章基本信息

  • 标题:On the Existence and Uniqueness of Two-stage Stackelberg Equilibrium with Multiple Leader and Followers
  • 本地全文:下载
  • 作者:Makoto Okamura ; Takao Ohkawa
  • 期刊名称:Journal of Economic Research
  • 印刷版ISSN:1226-4261
  • 出版年度:1999
  • 卷号:4
  • 期号:2
  • 出版社:Hanyang Economic Research Institute
  • 摘要:

    In this paper, we investigate the two-stage Stackelberg oligopoly model where multiple leader firms and follower firms compete. By employing semi-reaction function method, we establish that the Stackelberg equilibrium uniquely exists under non-linear demand and cost functions without convexity assumption of follower's reaction function.

  • 关键词:Stackelberg equilibruim; Multiple leaders and followers; Semi-reaction function; Existence and uniqueness
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