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Upravlenie Bol'shimi Sistemami, 2010, Issue 31, Pages 225–249
(Mi ubs459)
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This article is cited in 6 scientific papers (total in 6 papers)
Control in Social and Economic Systems
Control of reflexive behavior in Cournot oligopoly
V. Korepanov Institute of Control Sciences of RAS
Abstract:
The model of reflexive behavior of agents in Cournot oligopoly is considered. Agents are split into classes of different level of reflection, and behavior of different classes essentially differs. The game outcome depends on the number of agents in each class (on the distribution of agents by classes). Possibility is considered of manipulating the equilibrium price by changing levels of agents’ reflection. Properties of the optimal price-manipulation mechanism are investigated; and obtained results are discussed.
Keywords:
Cournot oligopoly, reflexive behavior, market price manipulation.
Citation:
V. Korepanov, “Control of reflexive behavior in Cournot oligopoly”, UBS, 31 (2010), 225–249
Linking options:
https://www.mathnet.ru/eng/ubs459 https://www.mathnet.ru/eng/ubs/v31/p225
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Statistics & downloads: |
Abstract page: | 370 | Full-text PDF : | 102 | References: | 47 | First page: | 2 |
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