Boyer, Marcel; Moreaux, Michel - In: L'Actualité Economique 61 (1985) 3, pp. 299-315
In this article, we consider an ordered Stackelberg framework. In such a context, leadership is the preferred position. We show, using a linear model, with constant average costs, that the larger the number of a firm's followers is, the larger its profit. However, as the number of firms...