Stackelberg leadership with product differentiation and ... - Intertic
Stackelberg leadership with product differentiation and ... - Intertic
Stackelberg leadership with product differentiation and ... - Intertic
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To obtain a minimal level of income,<br />
−<br />
Y , that for the given <strong>differentiation</strong> parameter b<br />
would not violate the dem<strong>and</strong> constraint for numeraire, we set (2A 4) to zero <strong>and</strong> solve<br />
for Y (see Fig 2A)<br />
Y<br />
4 1<br />
=<br />
( − b)( a − c) c + 4( 1−<br />
b) [ a − ( 3 − b)<br />
c] F − ( 2 − b)<br />
− 1<br />
4( − b)b<br />
3<br />
F<br />
Y<br />
−<br />
2000<br />
1500<br />
1000<br />
500<br />
0.1 0.2 0.3 0.4 0.5 0.6 0.7<br />
b<br />
12
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