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文章基本信息

  • 标题:A Stackelberg Game Model of Dynamic Duopolistic Competition with Sticky Prices
  • 本地全文:下载
  • 作者:Kenji Fujiwara
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2006
  • 卷号:12
  • 出版社:Economics Bulletin
  • 摘要:We develop the following Stackelberg game model of dynamic duopoly with sticky prices the leader chooses its time profile of outputs to maximize the discounted sum of proftis, while the follower chooses the optimal output to maximize the instantaneous profit as a myopic profit maximizer at each point of time. Then, we compare the resulting outcomes with those in a Stackelberg model without price stickiness.
  • 关键词:dynamic duopoly
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