Cournot and Stackelberg Equilibria in an Asymmetric Duopoly
Ivan G. Ivanov & Tonya Mateva · Journal of Advances in Mathematics and Computer Science · 2016
Aims/Objectives: To study an asymmetric duopoly in gas market where two players produce a homogeneous commodity. One of the players maximizes its profit, while the other- its revenue. The asymmetry also includes a security constraint, saying that the revenue- maximizing player ca...
Open access
Research Article
10.9734/BJMCS/2016/25705