What Is The Difference Between Cournot And Stackelberg?
What Is The Difference Between Cournot And Stackelberg? In a Cournot duopoly, firms make their moves at the same time while in Stackelberg duopoly, one firm becomes the leader and so make the first move, followed by the other firm. … The profit gained by each firm when both are competing in a Cournot duopoly