Work

On a class of state-redundant differential games

Year: 2025

Type: article

Abstract: This paper identifies a class of state-redundant games whose open-loop solution is a degenerate feedback one. The structure of the game features an instantaneous payoff which is at least cubic, and state equations linear in states and controls. The model can be used to illustrate games in the field of industrial organization and management, involving advertising campaigns under product differentiation and either quantity or price competition.

Source: Central European Journal of Operations Research

DOI: 10.1007/s10100-025-00965-0

Authors: Luca Lambertini, Arsen Palestini

Institutions: University of Bologna, Sapienza University of Rome

Language: English

Topic: Game Theory and Applications

Subfield: Management Science and Operations Research

Field: Decision Sciences

Domain: Social Sciences

Open Access status: hybrid

Estimated APC paid: $2,990

Funder: Università di Bologna