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Tekijä: | Mukhopadhyay, S. Kouvelis, P. |
Otsikko: | A differential game theoretic model for duopolistic competition on design quality |
Lehti: | Operations Research
1997 : NOV-DEC, VOL. 45:6, p. 886-893 |
Asiasana: | GAMES MODELS COMPETITION |
Kieli: | eng |
Tiivistelmä: | 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. |
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