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Oligopoly Theory (5) First -M over and Second-M over A dvantage

Oligopoly Theory (5) First -M over and Second-M over A dvantage. Aim of this lecture (1) To understand the Stackelberg Model (2) To understand the relationship among f irst mover and second mover advantage , strategic substitutes and complements, and the stability condition.

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Supply obligation - PowerPoint PPT Presentation

Oligopoly Theory (5) First -M over and Second-M over A dvantage