An Advertising Model of Duopoly with Consumer Searching
Aiming at the problem that the Tirole(1997)s analysis of informative advertising ,with the two-phase gaming model applied to it. This paper puts forward the informative advertising model based on consumers information searching in which consumers have heterogeneous preferences, and consumers costs of information searching can influence the product price and advertising level of enterprises. In the discussion of model equilibrium, the conclusions are: when high discovery cost, in equilibrium, duopoly have the same price and advertising level will increase firstly then decrease if the reservation value increases.
Qihong Zhu Feng Gu
School of Management Shanghai Lixin University of Shanghai Shanghai,201620, P.R.China Aetna School of Management Shanghai Jiaotong University Shanghai,200030, P.R.China
国际会议
International Conference on Management and Service Science(2011年第五届管理与服务科学国际会议 MASS 2011)
武汉
英文
1-3
2011-08-12(万方平台首次上网日期,不代表论文的发表时间)