Market Structure and Equilibrium
ISBN:
978-3-642-42390-1
Auflage:
2011
Verlag:
Springer, Springer Berlin
Land des Verlags:
Deutschland
Erscheinungsdatum:
11.11.2014
Bearbeiter:
Format:
Softcover
Seitenanzahl:
134
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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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