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This paper examines the behaviour of two firms competing in a duopoly, where firms can influence demand through use of advertising. The paper simulates the strategic interaction of the two firms based on a game-theoretic Cournot analytical model. The evolution over time of the Nash equilibrium...
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einen Überblick vom Standpunkt der Spieltheorie her.  …Summary This essay deals with the contribution of Seitz and Stackelberg on oligopoly. Stackelberg’s theory on price … of the sixties on oligopoly theory between Krelle, Ott, Heertje, Helmstädter und Seitz. He looks back from a game …
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