Stackelberg Part 1: Stackelberg Duopoly

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Matt Birch
Published at : 12 Feb 2021
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This is a solved example of a Stackelberg duopoly. One incumbent firm chooses quantity first, and then an entering firm responds with its own quantity choice. I solve for quantities, price, and profits. This video is appropriate for a class with no calculus.
quantity leadershipTLUmarket entry

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