Competitive dynamic advertising. A modification of the Case game (Q1111455)

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scientific article; zbMATH DE number 4074776
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    Competitive dynamic advertising. A modification of the Case game
    scientific article; zbMATH DE number 4074776

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      Competitive dynamic advertising. A modification of the Case game (English)
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      1989
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      We consider a modified version of the advertising differential game of \textit{J. Case} [``Economics and the competitive process'', New York Univ. Press (1979)]. We derive non-cooperative Nash equilibria for open-loop controls as well as for feedback strategies. We consider finite and infinite planning horizons. The feedback equilibrium is shown to be robust against stochastic disturbances of the state equation.
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      robustness
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      advertising differential game
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      non-cooperative Nash equilibria
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      open-loop controls
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      feedback strategies
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      finite and infinite planning horizons
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