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Application of games with incomplete information for the modellign of dynamic of price

Journal: Economic Cybernetics. International scientific journal (Vol.59, No. 3)

Publication Date:

Authors : ;

Page : 37-42

Keywords : Application of games; incomplete information; modelling; dynamic of price; antagonistic game;

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Abstract

The game-theoretical model of dynamics of price is examined in the article. The model of dynamics of price is developed as an antagonistic game, elements of pay matrix of which are stochastic processes. The method of decision of game is offered, elements of pay matrix of which are stochastic processes.

Last modified: 2014-02-17 06:59:42