|
Contributions to Game Theory and Management, 2010, Volume 3, Pages 29–39
(Mi cgtm73)
|
|
|
|
Marketing Strategies for Periodic Subscriptions
Luigi De Cesare, Andrea Di Liddo Faculty of Economics,
University of Foggia,
Largo Paga Giovanni Paolo II, 1, 71100 Foggia, Italy
Abstract:
We consider a number of firms who sell a non differentiated product through periodic subscriptions. Firms select price and advertising strategies maximizing their profits and buyers behave differently according to their status: new buyer or renewer. A discrete dynamic game is proposed together with a numerical alghorithm based on the simulated annealing technique.
Keywords:
Price and advertising models, Marketing models, Dynamic games, Simulated annealing.
Citation:
Luigi De Cesare, Andrea Di Liddo, “Marketing Strategies for Periodic Subscriptions”, Contributions to Game Theory and Management, 3 (2010), 29–39
Linking options:
https://www.mathnet.ru/eng/cgtm73 https://www.mathnet.ru/eng/cgtm/v3/p29
|
Statistics & downloads: |
Abstract page: | 274 | Full-text PDF : | 92 | References: | 41 |
|