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- W3122340596 abstract "In this paper, we consider a strategic equilibrium concept which extends Stackelberg competition to cover a general equilibrium framework. From the benchmark of strategic market games proposed by Sahi and Yao (1989), we define the notion of Stackelberg equilibrium. This concept captures strategic interactions in interrelated markets on which a finite number of leaders and followers compete on quantities. Within the framework of an example, convergence and welfare are studied. More specifically, we analyze convergence toward the competitive equilibrium and make welfare comparisons with other strategic equilibria. (This abstract was borrowed from another version of this item.)" @default.
- W3122340596 created "2021-02-01" @default.
- W3122340596 creator A5038345791 @default.
- W3122340596 date "2013-01-01" @default.
- W3122340596 modified "2023-09-26" @default.
- W3122340596 title "On Stackelberg competition in strategic multilateral exchange" @default.
- W3122340596 hasPublicationYear "2013" @default.
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