Quantity-setting games with a dominant firm

Attila Tasnádi

EERI Research Paper Series from Economics and Econometrics Research Institute (EERI), Brussels

Abstract: We consider a possible game-theoretic foundation of Forchheimer’s model of dominant-firm price leadership based on quantity-setting games with one large firm and many small firms. If the large firm is the exogenously given first mover, we obtain Forchheimer’s model. We also investigate whether the large firm can emerge as a first mover of a timing game.

Keywords: Forchheimer; Dominant firm; Price leadership. (search for similar items in EconPapers)
JEL-codes: D43 L13 (search for similar items in EconPapers)
Date: 2009
New Economics Papers: this item is included in nep-com, nep-gth, nep-ind and nep-mic
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Quantity-setting games with a dominant firm (2010)
Working Paper: Quantity-setting games with a dominant firm (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:eei:rpaper:eeri_rp_2009_25

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