Market Structure and Equilibrium

'Marktform und Gleichgewicht', published in 1934, presented Heinrich von Stackelberg's groundbreaking leadership model of firm competition. This volume makes his classic work available in its original form to an English-speaking audience for the first time.

In his book Marktform und Gleichgewicht, published initially in 1934, Heinrich von Stackelberg presented his groundbreaking leadership model of firm competition. In a work of great originality and richness, he described and analyzed a market situation in which the leader firm moves first and the follower firms then move sequentially. This game-theoretic model, now widely known as Stackelberg competition, has had tremendous impact on the theory of the firm and economic analysis in general, and has been applied to study decision-making in various fields of business. As the first translation of von Stackelberg's book into English, this volume makes his classic work available in its original form to an English-speaking audience for the very first time.

High-quality translation of Stackelberg's classic book Stackelberg's groundbreaking work made available to an English-speaking audience for the first time Includes supplementary material: sn.pub/extras

Inhalt
Comments on the Translation.- 1 Stating the Economic Problem and Basic Principles.- 2 General Analysis of Typical Market Structures.- 3 Analysis of the Relationship between Dual Markets and Multiple Markets.- 4 Dyopolistic Market Share Ranking.- 5 Landmark History of Economic Thought.- 6 Market Structure and Economic Policy.- Mathematical Appendix.- Bibliography.