search query: @author Mukhopadhyay, S. / total: 2
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Author:Mukhopadhyay, S.
Kouvelis, P.
Title:A differential game theoretic model for duopolistic competition on design quality
Journal:Operations Research
1997 : NOV-DEC, VOL. 45:6, p. 886-893
Index terms:GAMES
MODELS
COMPETITION
Language:eng
Abstract:In this paper the authors propose a differential game theoretic model to analyse the design quality and pricing decisions for a product over the product life cycle. The market is represented as a duopoly where our product competes against a similar product marketed by our competition. The duopolistic competition is modeled as a two-player nonzero sum noncooperative game. The resulting control theoretic model is solved under certain functional assumptions to describe the Nash equilibrium strategies of the two competitors.
SCIMA record nr: 173438
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