This article is cited in 2 papers

A tax game in a Cournot duopoly

Alexander Galegov, Andrey Garnaev

Faculty of Applied Mathematics and Control Processes, St. Petersburg State University, Saint Petersburg

Abstract: Stackelberg models for hierarchical oligopolistic markets with a homogenous product were studied by researchers extensively. The goal of this paper is to extend the classical solution in closed form of the Stackelberg model for a general hierarchical structures composed by firms arranged into groups of different hierarchical levels.

Keywords: hierarchical structures, multi-level Stackelberg equilibrium, Nash-Cournot equilibrium.

UDC: 519.8
BBK: 22.1

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