Zhao Xinshun, Shi Benshan, Wang Xingyu. Research on Quality of Cournot Model and Stackelberg Model Under Nonlinear Demand Hypothesis[J]. Journal of University of Electronic Science and Technology of China, 2001, 30(3): 308-312.
Citation: Zhao Xinshun, Shi Benshan, Wang Xingyu. Research on Quality of Cournot Model and Stackelberg Model Under Nonlinear Demand Hypothesis[J]. Journal of University of Electronic Science and Technology of China, 2001, 30(3): 308-312.
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Research on Quality of Cournot Model and Stackelberg Model Under Nonlinear Demand Hypothesis

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  • In this paper, the conclusion under linear demand drawn from Cournot model and Stackelberg model is reviewed. The difference between two conditions of linear demand and nonlinear demand are discussed. It is concluded that the choose of the first-mover advantage or the second-mover advantage under linear demand is based on the price elasticity of demand.
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