Long-run Strategic Advertising and Short-run Bertrand Competition.

Reinoud Joosten

Published in: IGTR (2015)

Keyphrases

short run
long run
expected cost
demand function
exchange rate
infinite horizon
optimal policy
online advertising
average reward
decision making
average cost
heavy traffic
queueing networks
nash equilibrium
control policy
customer classes
dynamic pricing
markov decision processes
cost function