A differential game approach to investment in product differentiation

DOI10.1016/S0165-1889(01)00026-4zbMath1009.91016MaRDI QIDQ1614790

Luca Lambertini, Roberto Cellini

Publication date: 9 September 2002

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

zbMATH Keywords

investmentdynamic oligopolydemand functionsdegree of differentiationproduct substitutability

Mathematics Subject Classification ID

Economic growth models (91B62) Auctions, bargaining, bidding and selling, and other market models (91B26)

Related Items (18)

Parametric approximate optimal control of uncertain differential game with application to counter terror ⋮ R\&D for green technologies in a dynamic oligopoly: Schumpeter, Arrow and inverted-U's ⋮ A differential oligopoly game with differentiated goods and sticky prices ⋮ Dynamically stable corporate joint ventures ⋮ Catching-up and falling behind: effects of learning in an R\&D differential game with spillovers ⋮ Differential game theoretic analysis of the dynamic emission abatement in low-carbon supply chains ⋮ A survey of dynamic models of product quality ⋮ Cooperative and noncooperative R\&D in duopoly manufacturers with a common supplier ⋮ Security investment and information sharing in the market of complementary firms: impact of complementarity degree and industry size ⋮ Persuasive advertising under Bertrand competition: A differential game ⋮ Dynamic Hotelling duopoly with linear transportation costs ⋮ Endogenous specialization of heterogeneous innovative activities of firms under the technological spillovers ⋮ PRIVATE AND SOCIAL INCENTIVES TOWARDS INVESTMENT IN PRODUCT DIFFERENTIATION ⋮ Supply contracting and process innovation in a dynamic supply chain with information asymmetry ⋮ Information Security Investment When Hackers Disseminate Knowledge ⋮ Time to complete and research joint ventures: a differential game approach ⋮ Product R\&D coopetition and firm performance ⋮ R\&D incentives and market structure: dynamic analysis

Cites Work

• Unnamed Item
• Unnamed Item
• Capital accumulation games of infinite duration
• Price vs. quantity competition in oligopoly supergames
• Product homogeneity as a prisoner's dilemma in a duopoly with R\&D
• Standardization and the stability of collusion
• A class of differential games for which the closed-loop and open-loop Nash equilibria coincide
• Dynamic noncooperative game theory
• Equilibrium solutions in dynamic dominant-player models
• A dynamic model of differentiated oligopoly with capital accumulation
• Experimentation and learning in a differentiated-products duopoly
• A Dynamic Game of R and D: Patent Protection and Competitive Behavior
• Optimal capital accumulation and durable goods production

This page was built for publication: A differential game approach to investment in product differentiation