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Comparative Study on Multi-Cournot Competition Model and Multi-Stackelberg Competition Model
多寡头古诺竞争与斯塔尔博格竞争的对比研究

Keywords: oligopoly,Cournot competition,Stackelberg competition
寡头
,古诺竞争,斯塔尔博格竞争

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Abstract:

Multi-Cournot competition model and Multi-Stackelberg competition model are studied comparatively.Analysis shows that when the number of oligopoly firms is between 2 and 12,the profit in multi-Cournot competition would be higher than the profit of followers in multi-Stackelberg competition.If oligarch adopts active competition strategy,it would obtain higher profit through multi-Cournot competition,even it loses the chance to be the leader in multi-Stackelberg competition.When the number of oligopoly firms is equal or higher than 13,the profit in multi-Cournot competition would be lower than the profit of followers in multi-Stackelberg competition.If oligarch adopts active competition strategy,it would obtain lower profit through multi-Cournot competition,while loses the chance to be the leader in multi-Stackelberg competition.

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