Chuman, Eiichi - In: Hitotsubashi Journal of Economics 51 (2010) 2, pp. 59-73
Equilibrium properties of Cournot and Stackelberg duopoly are compared with respect to outputs, profits, and welfare, the results of which depend on some conditions expressed in terms of the elasticities of the cost and demand functions. In particular, the case where the condition owing to...