Stable Marketing Cooperation in a Differential Game for an Oligopoly

Mario A. García-Meza, Ekaterina Viktorovna Gromova, José Daniel López-Barrientos

Research output: Contribution to journalArticlepeer-review

6 Scopus citations

Abstract

In this paper, 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.

Original languageEnglish
Article number1750028
JournalInternational Game Theory Review
Volume20
Issue number3
DOIs
StatePublished - 1 Sep 2018

Keywords

  • advertising cooperation
  • Differential games
  • random terminal time
  • stability of cooperation

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