RT Journal Article
SR 00
ID 10.1016/0960-0779(94)00208-8
A1 Dawid, H.
A1 Feichtinger, G.
T1 Complex optimal policies in an advertising diffusion model
JF Chaos, Solitons and Fractals
YR 1995
FD 1995-01
VO 5
IS 1
SP 45
OP 53
AB In this paper we analyse a one state dynamic programming model, which has been frequently used in marketing. Using a variation of the Boldrin-Montrucchio technique for the inverse problem we are able to construct a separable return function, which guarantees that the optimal policy shows topological chaos.
PB Elsevier
SN 1873-2887
LK https://pure.iiasa.ac.at/id/eprint/4265/