Stackelberg Competition - Applications

Applications

The Stackelberg concept has been extended to dynamic Stackelberg games. See Simaan and Cruz (1973a, 1973b). With the addition of time as a dimension, phenomena not found in static games were discovered, such as violation of the principle of optimality by the leader, Simaan and Cruz (1973b). For a survey of applications of Stackelberg differential games to supply chain and marketing channels, see He et al. (2007).

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