An explicit Nash equilibrium for a market share attraction game

Volume: 8, Pages: 100188 - 100188
Published: Jan 1, 2021
Abstract
In competitive marketing, the speed of generating the best price has become as critical as its reliability. In this study, we aim to design a practical marketing management tool. We consider a non-cooperative marketing environment with multiple substitute products, where total market size is moderately price-sensitive. The price-demand relations are determined by a market share attraction model, where the attraction of each product is a linear...
Paper Details
Title
An explicit Nash equilibrium for a market share attraction game
Published Date
Jan 1, 2021
Volume
8
Pages
100188 - 100188
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