ENGLISH

Market Structure and Equilibrium

By Heinrich von Stackelberg (auth.)

Book information

Publisher
Springer-Verlag Berlin Heidelberg
Year
2011
ISBN
3642125867, 3642125859, 9783642125867, 9783642125850
DOI
10.1007/978-3-642-12586-7
LCC
HB201 .S813 2011
Open Library ID
OL24918825M
Language
english
Format
PDF
Filesize
1 MB (1080233 bytes)
Edition
1
Pages
134\149
Scanned
yes
Time added
2011-08-31 04:54:40
EconomicsGame Theory/Mathematical Methods; Game TheorySocial and Behav. Sciences

Description

In his book „Marktform und Gleichgewicht“, published initially in 1934, Heinrich von Stackelberg presented his groundbreaking leadership model of firm competition. In a work of great originality and richness, he described and analyzed a market situation in which the leader firm moves first and the follower firms then move sequentially. This game-theoretic model, now widely known as Stackelberg competition, has had tremendous impact on the theory of the firm and economic analysis in general, and has been applied to study decision-making in various fields of business. As the first translation of von Stackelberg’s book into English, this volume makes his classic work available in its original form to an English-speaking audience for the very first time.

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