This paper develops a two-period sales model to investigate the competitive effects of purchase-based targeted advertising. In the model, two competing firms gain consumer information during the first period sales, which allows them to target advertising based on consumer purchase history....

In a two-stage Cournot oligopoly where a subset of firms first make a choice between two alternative production technologies independently and then all firms compete in quantity, the effect of information spillovers is analyzed when the outcome of R&D is uncertain. It is shown that the range of...

An underlying assumption of deterministic evolutionary game dynamics is that all individuals interact with each other in infinite populations, which seems unrealistic since in reality populations are always finite in size and even disturbed by stochastic effects and random drift. Developed in...

Informative advertising and persuasive advertising play quite different roles in the efficiency of distribution channels. A recent study observes that a direct channel structure outperforms an indirect one in the presence of advertising competition between manufacturers, assuming that...

This paper investigates information sharing and security investments by two firms provided that their information assets are complementary in the sense that their combined information assets are of significant value, whereas the information asset of a single firm is no value to an attacker. In...

In this paper, two classes of discrete myopic adjustment dynamics are mainly considered under some fairly general and reasonable assumptions in an oligopolistic industry where all firms produce a homogeneous product. Hosomatsu’s lemma is firstly generalized in the sense that a necessary and...

We primarily focus on a wide range of stochastic evolutionary game dynamics between two strategies which are characterized by a condition we call monotonicity: the sign of the difference between the probabilities of increasing and decreasing an A-individual completely depends on the difference...

We make a further attempt to investigate equilibrium stability of a nonlinear Cournot duopoly game with adaptive adjustment toward best reply by assuming heterogeneous firms where one firm only uses naive expectations whereas the other employs a simple forecast technology to form sophisticated...

In this paper, we study a logistics network design problem with vendor managed inventory in which the company is in charge of managing inventory for its downstream warehouses and retailers, and can choose whether to satisfy each retailer's demand. The problem incorporates the location,...

Purpose – Emerging work on returnee entrepreneurs has done little to examine how these individuals coordinate the resources they need to exploit their opportunities. Existing research has recognized the role of context but this has been quite limited. The chapter provides a novel analytical...