Features of corporate behavior in the market from the point of view of game theory
Journal: Science Journal "NovaInfo" (Vol.143, No. 1)Publication Date: 2024-06-16
Authors : Shadrin David Vadimovich; Sirotkin Anton Aleksandrovich; Plekhanova Valeriya Sergeevna;
Page : 42-45
Keywords : GAME SITUATIONS; COLLABORATION; AGREEMENTS; PRICING; COMPETITION; COOPERATION; CORPORATIONS; NASH EQUILIBRIUM; MARKET; STRATEGIES; GAME THEORY; DOMINANT STRATEGIES; THINKING AND DECISION-MAKING IN A CORPORATE ENVIRONMENT;
Abstract
This article examines the behavior of corporations in the market using concepts and methods of game theory. The influence of competitors' strategies on the decision-making process of the organization, as well as aspects of cooperation and conflicts between market participants are highlighted. The analysis of various scenarios of interaction between companies is also carried out and the advantages and risks associated with certain strategies are identified. The obtained research results can be useful for developing more effective business strategies and making informed decisions in the market.
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