Non cooperative Stackelberg network formation

Autor: Juan M.C Larrosa
Jazyk: English<br />Spanish; Castilian
Rok vydání: 2014
Předmět:
Zdroj: Cuadernos de Economía, Vol 33, Iss 63, Pp 339-358 (2014)
Druh dokumentu: article
ISSN: 0121-4772
DOI: 10.15446/cuad.econ.v33n63.45336
Popis: Non-cooperative network formation games in industrial organizations analyze how firms create links. We assume that links portray cost-reducing information and that access to this information is not reciprocal. We study the consequences in terms of profits if one firm can move first in establishing a link. A classic model of exogenous Stackelberg leadership is developed and first-mover advantage is observed.
Databáze: Directory of Open Access Journals