EconPapers    
Economics at your fingertips  
 

von Stackelberg and Cournot Duopoly: Choosing Roles

Steve Dowrick

RAND Journal of Economics, 1986, vol. 17, issue 2, 251-260

Abstract: Under what circumstances will firms agree on the choice of roles of leader and follower in the von Stackelberg duopoly model? A key determinant is the slope of the firms' reaction function (in either price or quantity space). The duopolists will disagree over the choice of roles if they have downward-sloping reaction functions. Each will prefer to be the leader. They will also disagree if they have upward-sloping reaction functions and similar profit functions. Each will prefer that the other be the leader. Preferences between von Stackelberg and Cournot outcomes are also considered.

Date: 1986
References: Add references at CitEc
Citations: View citations in EconPapers (102) Track citations by RSS feed

Downloads: (external link)
http://links.jstor.org/sici?sici=0741-6261%2819862 ... O%3B2-U&origin=repec full text (application/pdf)
Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rje:randje:v:17:y:1986:i:summer:p:251-260

Ordering information: This journal article can be ordered from
https://editorialexp ... i-bin/rje_online.cgi

Access Statistics for this article

More articles in RAND Journal of Economics from The RAND Corporation
Bibliographic data for series maintained by ().

 
Page updated 2020-04-02
Handle: RePEc:rje:randje:v:17:y:1986:i:summer:p:251-260