When Stackelberg and Cournot Equilibria Coincide

Luca Colombo and Paola Labrecciosa
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Paola Labrecciosa: Postal: Department of Economics, Trinity College, Dublin 2, Ireland

Economic Papers from Trinity College Dublin, Economics Department

Abstract: We compare two-stage Stackleberg with Cournot equilibrium under the assumption of quantity competition and homogeneous goods. We show that, when the curvature of the inverse market demand equals the total number of firms in the industry, the outcome of the two games coincides.

Date: 2004
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Related works:
Journal Article: When Stackelberg and Cournot Equilibria Coincide (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:tcd:tcduee:20043

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