Abstract
Under study is some simulation model of an oligopolisticmarket in continuous time. For the suppliers (oligopolists) the two rules of behavior are defined by a system of ordinary differential equations. The scenario determines the strategy that is used by the supplier, including the possibility of changing it during the interaction. It is shown, that there are possible stationary states in the model when a supplier profitability can be tools to start using a new rule of his behavior. In result of changing strategy his profit rises as compared to the other participants.
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Original Russian Text © N.I. Aizenberg, V.I. Zorkal’tsev, and I.V. Mokryi, 2017, published in Sibirskii Zhurnal Industrial’noi Matematiki, 2017, Vol. XX, No. 1, pp. 11–20.
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Aizenberg, N.I., Zorkal’tsev, V.I. & Mokryi, I.V. Study of unsteady oligopoly markets. J. Appl. Ind. Math. 11, 8–16 (2017). https://doi.org/10.1134/S1990478917010021
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DOI: https://doi.org/10.1134/S1990478917010021