In a stackelberg model, is it more advantageous to be the leader

In a stackelberg model, is it more advantageous to be the leader

Question # 00262068 Posted By: solutionshere Updated on: 04/25/2016 01:24 PM Due on: 05/25/2016
Subject Economics Topic General Economics Tutorials:
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In a stackelberg model, is it more advantageous to be the leader and announce your output decision first, or to be the follower and react to the leader's announcement? In what situations is this model more realistic than the Cournot model?
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    Tutorial # 00257318 Posted By: solutionshere Posted on: 04/25/2016 01:24 PM
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