ResearchBib Share Your Research, Maximize Your Social Impacts
Sign for Notice Everyday Sign up >> Login

ANALYSIS OF THE ECONOMIC SITUATION BY GAME THEORY METHODS

Journal: Science Journal "NovaInfo" (Vol.2, No. 66)

Publication Date:

Authors : ; ;

Page : 160-165

Keywords : INFORMATION SET; COMPETITION; REPRESENTATION; EQUILIBRIUM TRAJECTORY; PERFECT BAYESIAN BALANCE;

Source : Downloadexternal Find it from : Google Scholarexternal

Abstract

In article the task to consider competition model in the market and to analyse it is set, using such concept of the game theory as perfect Bayesian balance. As a result authors of article study how it is more favorable to new participant of the market to it it is better for what strategy to adhere and as to older companies in the market to react to the beginner's entrance with the greatest benefit to behave.

Last modified: 2017-09-20 17:49:16