Toolsema, Linda A.; Schoonbeek, Lambert - In: Journal of Economics and Statistics (Jahrbuecher fuer … 220 (2000) 5, pp. 592-598
Consider a homogeneous Stackelberg leader-follower duopoly with quantity competition, in which both firms face the same industry-wide marginal costs. This paper investigates the comparative static effects of a change in these marginal costs. We show that an increase of the costs will lead to a...