Non Cooperative Stackelberg Networks: Getting Informed Earlier Pays Off

LARROSA, JUAN M.C.

Actas del XII Congreso de la SIGEF

EdiUNS

Lugar: Bahía Blanca; Año: 2005; p. 647 - 660

Non cooperative network-formation games in oligopolies analyze the optimal connection structure that emerges when linking represent the appropriation of cost-reducing one-way externalities. These models reflect situations where one firm access to another firm’s (public or private) information and this last cannot refuse it. What would happen if one firm can move first? A classical model of exogenous Stackelberg leader is developed and first-mover advantages are observed. Keywords: non cooperative games, network formation strategies, Stackelberg equilibrium. JEL Classification System: C70, D43, L13