In his book Marktform und Gleichgewicht, published initially in 1934, Heinrich von Stackelberg presented his groundbreaking leadership model of sequential competition. In a work of great originality ...
The Journal of Finance, Vol. 47, No. 4 (Sep., 1992), pp. 1259-1282 (24 pages) We develop a two-factor general equilibrium model of the term structure. The factors are the short-term interest rate and ...
We investigate how the initial distribution of scarce human resources determines the equilibrium industry structure. Using a two-firm competition model with resource-dependent production technology, ...
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