Stackelberg equilibria and horizontal differentiation

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Lambertini, Luca (1993)
  • Publisher: Bologna: Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)
  • Journal: (eissn: 2282-6483)
  • Related identifiers: doi: 10.6092/unibo/amsacta/5196
  • Subject: Quaderni - Working Paper DSE | SECS-P/01 Economia politica
    • ddc: ddc:330
    acm: TheoryofComputation_GENERAL

This paper proposes a taxonomy of the Stackelberg equilibria emerging from a standard game of horizontal differentiation à la Hotelling in which the strategy set of the sellers in the location stage is the real axis. Repeated leadership appears the most advantageous pos... View more
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