Markov Perfect Equilibrium Advertising Strategies of Lanchester Duopoly Model: A Technical Note
提出一种数值方法,计算兰彻斯特双寡头模型中的平稳马尔可夫完美纳什均衡广告策略,该方法不要求玩家以零利率贴现未来收益,可用标准数学软件实现。
We propose a numerical approach to compute stationary Markov perfect Nash equilibrium advertising strategies of the Lanchester model. The algorithm can be implemented using a standard mathematical package, and, importantly, it does not require that the players discount their future earnings at a zero rate, an assumption that has been made in the literature.