Example of stackelberg
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1. Recap: 0 Last class (January 21, 2010). 0 Examples of games with continuous action sets. 0 Tragedy of the commons. 0 Duopoly models: Cournot and ...
Apr 2, 2008 - I don't think you will find any real world examples that fit these models perfectly. But there are examples that should fit each 'good enough'.
Stackelberg Model. Like Cournot, there are 2 firms that set quantity; However, game is not simultaneous, it is sequential; What does this mean? One firm, the ...1. Recap. ?. Last class (January 15, 2004). ?. Examples of games with continuous action sets. ?. Tragedy of the commons. ?. Duopoly models: Cournot and ...
Stackelberg Model. 3. Important Questions: 1. Is there any advantage in being the first to choose? 2. How does the Stackelberg equilibrium compare with the ...
Stackelberg duopoly (sequential quantity competition). x2. x1. x1. x2 ... Computing the Stackelberg equilibrium (accommodation) .... Example: The OPEC Cartel. o
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