Compares Stackelberg’s Grundlagen der theoretischen Volkswirtschaftslehre with a standard modern micro-economic textbook. Reveals some confusing shortcomings in the English translation. Focuses on unique peculiarities of Stackelberg’s analysis of the price formation on imperfect markets....

In this paper we enrich the Brabander (1981) and Brander and Krugman (1983) model of reciprocal entry by placing it i a setting of two-sided asymetric information. Following the limit pricing methodology of Milgrom and Roberts (1982), we show that the limit price is affected by a firm''s desire...

Gibbard''s (1973) and Satterthwaite''s (1975) result implies that anonymous surjective social choice functions on more than two alternatives are manipulable. Placing some mild constraints on the number of agents compared to the number of alternatives, we show what the minimal number of...

We consider parallel, identical machine scheduling problems where the jobs are subject to precedence constraints, release dates, and the processing times of jobs are governed by independent probability distributions. The objective is to minimize the expected value of the total weighted...