This paper analyzes a differentiated duopoly model with cost uncertainty in an environment where information sharing is prohibited. The duopolists can commit themselves to be a Stackelberg leader or follower at the time when they know the distribution, but not the actual values, of their own and...

A dynamic Hotelling monopoly model is proposed, with the purpose of characterising the effects of informative and persuasive advertising in a regime of partial market coverage. The two models are solved to show the emergence of a unique saddle-point steady-state equilibrium in both cases. Then,...