In the cournot model see chapter 5 the revenue destruction, Econometrics

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In the cournot model see chapter 5 the revenue destruction

In the Cournot model (see Chapter 5), the revenue destruction effect limits the willingness of firms to expand output. In the Stackelberg model, the firm that moves first produces more than it does in Cournot's model. How does moving first reduce the revenue destruction effect?

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Econometrics: In the cournot model see chapter 5 the revenue destruction

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