Leader, Or Just Dominant? The Dominant-Firm Model Revisited

Nils-Henrik von der Fehr

No 15/2010, Memorandum from Oslo University, Department of Economics

Abstract: I revisit the dominant-firm model and discuss its implicit assumption of a sequential move structure. I argue that a simultaneous move structure is often more reasonable and derive an alternative formulation of the model based on this approach.

Keywords: dominant…firm; monopoly with fringe; sequential moves (search for similar items in EconPapers)
JEL-codes: D42 L12 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2011-01-03
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