Competitive newsvendor problems with the same Nash and Stackelberg solutions

2007-01-01
Consider two newsvendors: (i) they compete satisfying substitutable demands searching Nash equilibrium or (ii) one is the leader deciding first, the other responds optimally playing a Stackelberg game. The leader profits more than she does in (i). We present conditions under which the leader's profit does not improve from (i) to (ii).

Citation Formats
Y. Y. Serin, “Competitive newsvendor problems with the same Nash and Stackelberg solutions,” OPERATIONS RESEARCH LETTERS, vol. 35, no. 1, pp. 83–94, 2007, Accessed: 00, 2020. [Online]. Available: https://hdl.handle.net/11511/35885.