{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

LG10 - 3 Be able to describe graph and solve the...

Info icon This preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
University of Wisconsin Department of Economics Economics 301: Intermediate Microeconomic Theory Korinna K. Hansen Learning Guide 10 Due Date: Monday, April 28, 2008 Reading Assignment: Varian Chapter 27 Problem Assignment: Problems 3 and 5 on page 503. Objectives: After completing the assignment you should be able to do the following: 1. Be able to describe an Oligopoly, and the different forms it could possibly take. 2. Be able to describe the quantity leadership model (Stackelberg model).
Image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 3. Be able to describe, graph and solve the follower’s problem and derive his reaction function in the Stackelberg model. 4. Be able to describe, graph, and solve the leader’s problem and derive his reaction function in the Stackelberg model. 5. Be able to describe the price leadership model, mathematically and graphically. 6. Be able to explain how the two models, price leadership, and quantity leadership compare....
View Full Document

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern