Approximate methods of studying dynamics of market structure

An approach to computation of open-loop optimal Nash-Cournot strategies in dynamical games which is based on the Z-transform method and factorization is proposed. The main advantage of the proposed approach is that it permits to overcome the problems of instability of economic indicators of oligopol...

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Bibliographic Details
Main Author: Leonid E. Varshavsky
Format: Article
Language:Russian
Published: Institute of Computer Science 2012-03-01
Series:Компьютерные исследования и моделирование
Subjects:
Online Access:http://crm.ics.org.ru/uploads/crmissues/crm_2012_1/12118.pdf
Description
Summary:An approach to computation of open-loop optimal Nash-Cournot strategies in dynamical games which is based on the Z-transform method and factorization is proposed. The main advantage of the proposed approach is that it permits to overcome the problems of instability of economic indicators of oligopolies arising when generalized Riccati equations are used.
ISSN:2076-7633
2077-6853