Stackelberg leadership with demand uncer
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Zhiyong Liu
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Article
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2005
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John Wiley and Sons
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English
β 117 KB
We consider a simple Stackelberg model with demand uncertainty only for the first mover in order to compare the advantages of leadership and flexibility, and use an example to provide some discussion about the endogenous order of moves in the presence of demand uncertainty. We find that only when th