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What happens in a duopoly if both firms try to act as the Stackelberg leader?
Governing Style
Refers to the methods, strategies, and practices utilized by leaders or governments to rule, manage, and make decisions for a country or organization.
Foreign Policy
A government's strategy in dealing with other nations, involving diplomatic, economic, and military actions and relationships.
Henry Kissinger
A significant political figure, diplomat, and geopolitical consultant, known for his role as United States Secretary of State and National Security Advisor in the 20th century.
Unconditional Pardon
A complete forgiveness for a crime that removes all legal penalties without any conditions or stipulations attached.
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