DE WOLF, Daniel; SMEERS, Yves - Center for Operations Research and Econometrics (CORE), … - 1992
We consider a stochastic version of the Stackelberg-Nash-Cournot model proposed by Murphy et al. (1983). In the first stage, the leader chooses and announces his production level taking into account the reaction of the followers. The decision of the leader is taken when market demand is...