Talk:Stackelberg competition

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[edit] term missing?

I just edited the equation for Pi_1, but on second thought it occurs to me that there may be a term missing. Shouldn't it be the total differential as follows?

\frac{d \Pi_1}{d q_1} = (\frac{\partial P(q_1+q_2)}{\partial q_1} + \frac{\partial P(q_1+q_2)}{\partial q_2}.\frac{\partial q_2(q_1)}{\partial q_1}).q_1 + P(q_1+q_2(q_1)) - \frac{\partial C_1 (q_1)}{\partial q_1}

Common Man 08:56, 19 October 2005 (UTC)

[edit] Nash equilibrium?

Stackelberg's model has many Nash Equilibrium, isn't this describing subgame perfect equilibrium? Smmurphy 17:37, 16 November 2005 (UTC)

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