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Cournot duopoly with two production periods. (English) Zbl 0627.90009
A duopoly model is considered where production is chosen in two periods before it is taken to the market so that the resulting game has two stages. It is shown that the subgame perfect equilibria are those corresponding to worst Stackelberg outcomes.
Reviewer: H.Keiding

MSC:
91B24 Microeconomic theory (price theory and economic markets)
91A40 Other game-theoretic models
91A10 Noncooperative games
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