Infinity Period Dynamic Control of a Kind of Channel’s Price and Brand Investment: A Differential Game Method
Joint Authors
Wang, Kaihong
Cheng, Li
Ding, Chuan
Source
Mathematical Problems in Engineering
Issue
Vol. 2015, Issue 2015 (31 Dec. 2015), pp.1-10, 10 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2015-10-22
Country of Publication
Egypt
No. of Pages
10
Main Subjects
Abstract EN
The infinity period dynamic control problem of distribution channel was studied with differential game approach.
Four differential dynamic control models of coordinated channel game, uncoordinated static game, Stackelberg game with manufacture controlled, and Stackelberg game with n retailers controlled were constructed.
Some results applied dynamic optimization theory made with Hamilton function.
The conclusions are as follows.
(1) Optimization brand investment controlled by manufacture has nothing to do with time.
(2) Retail price was the most minimum when channel was integrated.
(3) Manufacture’s profits of uncoordinated static game and Stackelberg game with manufacture controlled were more than Stackelberg game with n retailers controlled.
(4) Retailer’s profits of Stackelberg game with n retailers controlled were less than Stackelberg game with manufacture controlled.
(5) Channel’s total profits of Stackelberg game with n retailers controlled were the most minimum.
American Psychological Association (APA)
Wang, Kaihong& Cheng, Li& Ding, Chuan. 2015. Infinity Period Dynamic Control of a Kind of Channel’s Price and Brand Investment: A Differential Game Method. Mathematical Problems in Engineering،Vol. 2015, no. 2015, pp.1-10.
https://search.emarefa.net/detail/BIM-1074576
Modern Language Association (MLA)
Wang, Kaihong…[et al.]. Infinity Period Dynamic Control of a Kind of Channel’s Price and Brand Investment: A Differential Game Method. Mathematical Problems in Engineering No. 2015 (2015), pp.1-10.
https://search.emarefa.net/detail/BIM-1074576
American Medical Association (AMA)
Wang, Kaihong& Cheng, Li& Ding, Chuan. Infinity Period Dynamic Control of a Kind of Channel’s Price and Brand Investment: A Differential Game Method. Mathematical Problems in Engineering. 2015. Vol. 2015, no. 2015, pp.1-10.
https://search.emarefa.net/detail/BIM-1074576
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1074576