Control theory methods for creating market structures

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 seco...

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Bibliographic Details
Main Author: Leonid E. Varshavsky
Format: Article
Language:Russian
Published: Institute of Computer Science 2014-10-01
Series:Компьютерные исследования и моделирование
Subjects:
Online Access:http://crm.ics.org.ru/uploads/crmissues/crm_2014_5/14514.pdf
Description
Summary: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.
ISSN:2076-7633
2077-6853