Dynamics of Duopoly Models with Undecided Clients under Decentralized Affine Feedback Advertising Policies
This paper extends the Deal-Vidal-Wolfe and Lanchester models of duopoly dynamics, which involve two populations, by explicitly introducing a third population of undecided users. An analysis of these extended models establishes conditions for the existence of equilibria, as well as their stability p...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Hindawi-Wiley
2020-01-01
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Series: | Complexity |
Online Access: | http://dx.doi.org/10.1155/2020/5371492 |