Examlex
Why do corporations purchase and own treasury stock?
Stackelberg Match
A strategic game in economics where one leader firm sets its output first, and then the follower firms set their outputs sequentially.
Cournot's Duopoly Game
A model of competition between two firms, where each firm chooses its output level assuming the output of the rival is fixed.
Stackelberg
Refers to a model of strategic interaction in oligopolistic markets where one leader firm moves first and the other firms follow.
Cournot
A model of duopoly in which two firms assume the output of the other, deciding their own production levels to maximize profit.
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