Dynamic analysis of competitive marketing strategies using differential game models and Runge–Kutta solutions
This study presents a comprehensive mathematical and computational analysis of a competitive market model, incorporating Pontryagin’s Maximum Principle, the Hamiltonian formulation, and the Runge–Kutta (RK4) numerical method. The proposed model accounts for market share dynamics, pricing strategies,...
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| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2025-06-01
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| Series: | Partial Differential Equations in Applied Mathematics |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S266681812500083X |
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