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This article is cited in 3 scientific papers (total in 3 papers)
MODELS OF ECONOMIC AND SOCIAL SYSTEMS
Control theory methods for creating market structures
L. E. Varshavsky Central Economics and Mathematics Institute RAS, 47 Nahimovskii ave., Moscow, 117418, Russia
Abstract:
Control theory methods for creating market structures are discussed for two cases: when market participants are pursuing aims 1) of maximal growth and 2) of maximum economic efficiency of their firms. For the first case method based on variable structure systems principles is developed. For the second case dynamic game approach is proposed based on computation of Nash–Cournot and Stackelberg strategies with the help of Z-transform.
Keywords:
market structures, oligopolistic markets, variable structure systems, dynamical games, optimal strategies.
Received: 07.10.2014
Citation:
L. E. Varshavsky, “Control theory methods for creating market structures”, Computer Research and Modeling, 6:5 (2014), 839–859
Linking options:
https://www.mathnet.ru/eng/crm362 https://www.mathnet.ru/eng/crm/v6/i5/p839
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Abstract page: | 101 | Full-text PDF : | 39 | References: | 22 |
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