Research Article

Dynamics of Duopoly Models with Undecided Clients under Decentralized Affine Feedback Advertising Policies

Figure 5

Phase plane of the market shares of firms and under affine advertising policies with parameters for firm 1 and for firm 2 for (a) Vidale–Wolfe model expressed in equation (20) and (b) extended Lanchester model expressed in equation (25). It is observed that the models have the same equilibrium point but different dynamics.
(a)
(b)