English, Article, Journal or magazine article edition: Dynamic Advertising with Spillovers: Cartel vs Competitive Fringe Luca Lambertini; Arsen Palestini

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Bookmark: http://trove.nla.gov.au/version/145246
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Dynamic Advertising with Spillovers: Cartel vs Competitive Fringe
Author
  • Luca Lambertini
  • Arsen Palestini
Physical Description
  • preprint
Notes
  • A differential oligopoly game with advertising is investigated, where different dynamics occur between two groups of agents, the former playing a competitive Nash game and the latter cooperating as a cartel. Sufficient conditions for stability and a qualitative analysis of the profit ratio and social welfare at equilibrium are provided. A threshold value for the size of the competitive fringe is pointed out by a suitable numerical simulation.
  • Advertising, Differential games, Oligopoly, Collusion
  • RePEc:rim:rimwps:48-07
Language
  • English
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