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Problemy Upravleniya, 2015, Issue 6, Pages 10–22
(Mi pu942)
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This article is cited in 13 scientific papers (total in 13 papers)
Control in the socio-economic systems
The simulation of oligopoly market structures for nonlinear demand and agents' costs functions
M. I. Geraskina, A. G. Chkhartishvilib a Samara State Aerospace University
b V. A. Trapeznikov Institute of Control Sciences of Russian Academy of Sciences, Moscow
Abstract:
The problem of oligopoly market structures simulation is considered for arbitrary number of agents, linear and nonlinear demand functions, nonlinear agents' costs functions. The equilibrium behavior of agents is described on the basis of conjectural variations in Cournot and Stackelberg reaction models (considering cases with one or several leaders). The adequacy of Cournot reaction model was proved by equilibriums simulation for Russia Volga region telecommunication market with statistically obtained prices and agents' costs functions for voice communication and internet traffic.
Keywords:
oligopoly, nonlinear demand and costs functions, Nash equilibrium, Cournot reaction models, Stackelberg reaction models, telecommunication market.
Citation:
M. I. Geraskin, A. G. Chkhartishvili, “The simulation of oligopoly market structures for nonlinear demand and agents' costs functions”, Probl. Upr., 2015, no. 6, 10–22; Automation and Remote Control, 78:2 (2017), 332–348
Linking options:
https://www.mathnet.ru/eng/pu942 https://www.mathnet.ru/eng/pu/v6/p10
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Statistics & downloads: |
Abstract page: | 387 | Full-text PDF : | 78 | References: | 45 | First page: | 15 |
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