Houba, Harold; Tomori, Françeska - In: Games 14 (2023) 4, pp. 1-9
applying social equilibrium. In an example of a duopoly water market, we argue that the lack of backward induction logic … incorporate backward induction, we propose the Stackelberg social equilibrium concept. We prove the existence of Stackelberg … social equilibrium in duopoly water markets with an upstream-downstream river structure and derive it in the example of a …