Han, Jinhui; Sethi, Suresh; Siu, Chi Chung; Yam, S. C. P. - 2021
We consider a dynamic Stackelberg game between a manufacturer and a retailer facing a randomly changing market environment over time modeled as a Markov process. The manufacturer announces the wholesale price and a cooperative (co-op) advertising subsidy, and the retailer sets the retail price...