Serious strategy for the makers of fun: analyzing the option to switch from pay-to-play to free-to-play in a two-stage optimal control model with quadratic costs

DOI10.1016/J.EJOR.2017.11.071MaRDI QIDQ723957zbMATH OpenOpenAlexFDO

Authors Andrea Seidl, Jonathan P. Caulkins, Richard F. Hartl, Peter M. Kort

Publication date 25 July 2018

Published in European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.ejor.2017.11.071

zbMATH Keywords

optimal controlhistory-dependencemulti-stage modelingOR in entertainmentvideo games business model

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Applications of optimal control and differential games (49N90)

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Cites work

• scientific article; zbMATH DE number 1734433 (Why is no real title available?)
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• Interaction of pricing, advertising and experience quality: a dynamic analysis
• Keeping options open: an optimal control model with trajectories that reach a DNSS point in positive time
• Nearest feasible paths in optimization control problems: Theory, examples, and counterexamples
• Necessary conditions for infinite-horizon discounted two-stage optimal control problems
• Optimal Control of Nonlinear Processes
• Optimal Growth with a Convex-Concave Production Function
• Optimal advertising policy with the contagion model
• Quality effects in different advertising models -- an impulse control approach
• Skiba points and heteroclinic bifurcations, with applications to the shallow lake system
• Skiba points in free end-time problems
• Two-stage optimal control problems with an explicit switch point dependence. Optimality criteria and an example of delivery lags and investment
• When to make proprietary software open source

Cited in

(4)

• Zeno points in optimal control models with endogenous regime switching
• The effect of risk aversion and financing source on a supply chain of in‐app products
• Analysis of optimal control problems for hybrid systems with one state variable
• Opening the source code: the threat of forking

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