Author： Heertje Arnold
Publisher： Emerald Group Publishing Ltd
ISSN： 0144-3585
Source： Journal of Economic Studies, Vol.23, Iss.5-6, 1996-05, pp. : 48-57
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Abstract
Goes back to thinking on the price theory of oligopoly in 1960. In particular, is concerned with Stackelberg's oligopoly theory. Presents a careful description of the development of Stackelberg's analysis. Takes into account his mathematical appendix. Confronts the theory with game theory and concludes that in a dynamic game a Nash-Cournot equilibrium will emerge.
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