Feedback Stackelberg equilibrium strategies when the private label competes with the national brand

被引:43
作者
Amrouche, Nawel [2 ]
Martin-Herran, Guiomar [3 ]
Zaccour, Georges [1 ]
机构
[1] HEC Montreal, Chair Game Theory & Management, Gerad, Montreal, PQ, Canada
[2] Long Isl Univ, Long Isl City, NY USA
[3] Univ Valladolid, Dept Econ Aplicada Matemat, Valladolid, Spain
基金
加拿大自然科学与工程研究理事会;
关键词
Marketing channels; Private label; Advertising; Pricing; Differential games; Feedback-Stackelberg equilibrium;
D O I
10.1007/s10479-008-0320-7
中图分类号
C93 [管理学]; O22 [运筹学];
学科分类号
070105 ; 12 ; 1201 ; 1202 ; 120202 ;
摘要
We consider a noncooperative differential game where a retailer sells her own private label in addition to the manufacturer's brand. We assume that each brand's goodwill evolves according to a modified Nerlove-Arrow dynamics, in such a way that the advertising effort of one brand hurts the competitor's goodwill stock. We characterize Feedback-Stackelberg pricing and advertising strategies and employ simulations to analyze their sensitivity to the main model parameters.
引用
收藏
页码:79 / 95
页数:17
相关论文
共 30 条
[1]  
Aderson Erin, 2001, MARKETING CHANNELS
[2]   Predicting competitive response to a major policy change: Combining game-theoretic and empirical analyses [J].
Ailawadi, KL ;
Kopalle, PK ;
Neslin, SA .
MARKETING SCIENCE, 2005, 24 (01) :12-24
[3]  
AMROUCHE N, 2007, PRICING ADVERTISING
[4]   Leader-follower dynamic game of new product diffusion [J].
Breton, M ;
Chauny, F ;
Zaccour, G .
JOURNAL OF OPTIMIZATION THEORY AND APPLICATIONS, 1997, 92 (01) :77-98
[5]   A note on feedback sequential equilibria in a Lanchester model with empirical application [J].
Breton, M ;
Jarrar, R ;
Zaccour, G .
MANAGEMENT SCIENCE, 2006, 52 (05) :804-811
[6]  
CHAKRABARTI S, 2004, ANAL ADVERTISING WAR
[7]   A DYNAMIC-MODEL OF CHANNEL MEMBER STRATEGIES FOR MARKETING EXPENDITURES [J].
CHINTAGUNTA, PK ;
JAIN, D .
MARKETING SCIENCE, 1992, 11 (02) :168-188
[8]   Private label positioning: Quality versus feature differentiation from the national brand [J].
Choi, SC ;
Coughlan, AT .
JOURNAL OF RETAILING, 2006, 82 (02) :79-93
[9]   Do models of vertical strategic interaction for national and store brands meet the market test? [J].
Cotterill, RW ;
Putsis, WP .
JOURNAL OF RETAILING, 2001, 77 (01) :83-109
[10]   OPTIMIZING ADVERTISING EXPENDITURES IN A DYNAMIC DUOPOLY [J].
DEAL, KR .
OPERATIONS RESEARCH, 1979, 27 (04) :682-692