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 ...

This note investigates a Stackelberg—Nash competition model. We determine the conditions under which the leaders may achieve better profits than the followers when all firms compete on quantity in a ...

Green, Jerry R., and Jean-Jacques Laffont. "Competition on Many Fronts: A Stackelberg Signaling Equilibrium." Games and Economic Behavior 2, no. 3 (September 1990): 247–272.

The Stackelberg game—a strategic game in economics—involves a leader firm that moves first and then follower firms move sequentially. Such an approach can be applied to power systems in terms of ...

Game theory, as a rigorous mathematical framework for analysing strategic interactions among rational agents, has seen significant evolution in its application to security optimisation. Contemporary ...

We model a hierarchical Stackelberg game in a competitive power market under high behind-the-meter photovoltaics penetration and demand-side uncertainty, with emphasis on the feedback loop between ...

Equilibrium properties of Cournot and Stackelberg duopoly are compared with respect to outputs, profits, and welfare, the results of which depend on some conditions expressed in terms of the ...

This paper examines the Hansen and Sargent (2003) formulation of the robust Stackelberg problem and shows that their method of constructing the approximating equilibrium, which is central to any ...