We investigate a linear state differential oligopoly game with advertising, under either Cournot or Bertrand competition. We show that a unique sad-dlepoint equilibrium exists in both cases if the marginal cost of advertising is sufficiently low. Then, we prove that Bertrand competition entails more intense advertising than Cournot competition. This is due to the fact that enhancing reservation prices is more relevant to firms when market com-petition is tougher. Ultimately, this may entail that Cournot outperforms Bertrand when it comes to social welfare
We consider a duopolistic industry where the current sales of each firm is proportional to its goodw...
We consider a duopolistic industry where the current sales of each firm is proportional to its goodw...
We investigate the impact of advertising in a simple static differentiated duopoly model. First, we ...
We investigate a linear state differential oligopoly game with advertising, under either Cournot or ...
We investigate a linear state differential oligopoly game with advertising, under either Cournot or...
This paper develops a differential duopolistic game where price is sticky and firms can invest in ma...
We illustrate a differential oligopoly game where firms compete à la Cournot in homogeneous goods in...
This paper develops a dynamic model of oligopolistic advertising competition. The model is general e...
We illustrate a differential oligopoly game where firms compete à la Cournot in homogeneous goods in...
This paper examines the behaviour of two firms competing in a duopoly, where firms can influence dem...
1We thank George Leitmann, Georges Zaccour and two anonymous referees for helpful comments and discu...
We study a supply chain in which a consumer goods manufacturer sells its product through a retailer....
We examine a two stage duopoly game in which firms advertise their existence to consumers in stage 1...
We study the problem of how to minimize the advertising costs for a one-time entertainment event tak...
We examine a two-stage duopoly game in which firms advertise their existence to consumers in stage 1...
We consider a duopolistic industry where the current sales of each firm is proportional to its goodw...
We consider a duopolistic industry where the current sales of each firm is proportional to its goodw...
We investigate the impact of advertising in a simple static differentiated duopoly model. First, we ...
We investigate a linear state differential oligopoly game with advertising, under either Cournot or ...
We investigate a linear state differential oligopoly game with advertising, under either Cournot or...
This paper develops a differential duopolistic game where price is sticky and firms can invest in ma...
We illustrate a differential oligopoly game where firms compete à la Cournot in homogeneous goods in...
This paper develops a dynamic model of oligopolistic advertising competition. The model is general e...
We illustrate a differential oligopoly game where firms compete à la Cournot in homogeneous goods in...
This paper examines the behaviour of two firms competing in a duopoly, where firms can influence dem...
1We thank George Leitmann, Georges Zaccour and two anonymous referees for helpful comments and discu...
We study a supply chain in which a consumer goods manufacturer sells its product through a retailer....
We examine a two stage duopoly game in which firms advertise their existence to consumers in stage 1...
We study the problem of how to minimize the advertising costs for a one-time entertainment event tak...
We examine a two-stage duopoly game in which firms advertise their existence to consumers in stage 1...
We consider a duopolistic industry where the current sales of each firm is proportional to its goodw...
We consider a duopolistic industry where the current sales of each firm is proportional to its goodw...
We investigate the impact of advertising in a simple static differentiated duopoly model. First, we ...