Gilligan, Thomas W.; Sarkar, Subrata - In: Journal of Economics & Management Strategy 7 (1998) 2, pp. 183-208
This paper proposes a simple test of the leader-follower model of strategic behavior. This test relates the temporal notions of leadership central to such models to the empirical methods of statistical causality. This test is performed using data from the US softwood plywood industry of the last...