Market share dynamics in a duopoly model with word-of-mouth communication

DOI10.1016/j.geb.2013.11.010zbMath1284.91157OpenAlexW2093008280MaRDI QIDQ2437175

Robert C. Schmidt, Eugen Kováč

Publication date: 3 March 2014

Published in: Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/10419/79994

zbMATH Keywords

Markov perfect equilibriumprice competitiondynamic duopolyhomogeneous goodsconsumer lock-inmixed pricing

Mathematics Subject Classification ID

Special types of economic equilibria (91B52) Microeconomic theory (price theory and economic markets) (91B24) Special types of economic markets (including Cournot, Bertrand) (91B54)

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