In this paper, we develop a dynamic model of an oligopoly playing an advertising game of goodwill accumulation with random terminal time. The goal is to find a cooperative solution that is time-consistent, considering a dynamic accumulation of goodwill with depreciation for a finite number of firms.

Original languageEnglish
Article number1750028
Number of pages18
JournalInternational Game Theory Review
Volume20
Issue number3
Early online date2018
DOIs
StatePublished - 1 Sep 2018

    Research areas

  • Differential games, stability of cooperation, random terminal time, advertising cooperation, GOODWILL

    Scopus subject areas

  • Computer Science(all)
  • Business and International Management
  • Statistics, Probability and Uncertainty

ID: 33264090