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AA00260492-19800001-0029.pdf
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Title |
Title |
A GAME THEORETICAL INTERPRETATION OF THE STACKELBERG DISEQUILIBRIUM
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Creator |
Name |
ITO, Yozo
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Kana |
イトウ, ヨウゾウ
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Affiliation |
Senshu University
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Name |
KANEKO, Mamoru
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Kana |
カネコ, マモル
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Affiliation |
University of Tsukuba
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Keio Economic Society, Keio University
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Issued (from:yyyy) |
1980
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Source Title |
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Keio economic studies
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Volume |
17
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Issue |
1
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Year |
1980
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Start page |
29
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End page |
40
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Abstract |
We regard a leader in the Stackelberg disequilibrium as a duopolist who decides his output level before- his rival's decision and then informs him of it, and regard a follower as one who waits to be informed of it and then decides his output level under the information. We formulate this situation as a game in extensive form and provide the subgame perfect equilibrium of the game to give an interpretation to the Stackelberg disequilibrium. Further we discuss a variation of the game.
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