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Stable marketing cooperation in a differential game for an oligopoly

Research Output: Chapter in Book/Report/Conference proceeding Chapter Peer-review

Publication Information

Output type

Research Output: Chapter in Book/Report/Conference proceeding Chapter Peer-review

Original language

English

Pages from-to (Number of pages)

Pages 377-394 (18 pages)

Publication milestones

  • Published - 14/10/2019

Publication status

Published - 14/10/2019

Publisher

World Scientific Publishing Co. Pte Ltd, Singapore
9789811202001

ISBN (Electronic)

9789811202018

Publication IDs

  • Scopus: 85122226231

Host publication title

Game Theoretic Analysis

Abstract

In this chapter, we develop a dynamic model of an oligopoly playing an advertising game of goodwill accumulation with random terminal time. The goal is to find a cooperative solution that is time-consistent, considering a dynamic accumulation of goodwill with depreciation for a finite number of firms.