Comparison of Methods of Organization and Management Efficiency in Dynamic Models of Cournot Oligopoly

Cover Page

Cite item

Full Text

Open Access Open Access
Restricted Access Access granted
Restricted Access Subscription Access

Abstract

Nash and Stackelberg equilibria and cooperative solutions for dynamic game-theoretic Cournot oligopoly models in normal form with inhomogeneous agents are found analytically. Cooperative game-theoretic Cournot oligopoly models of three persons in the form of the von Neumann–Morgenstern and Gromova–Petrosyan characteristic functions are studied, including the calculation of the Shapley vector. A comparative analysis of the payoffs of agents, according to the solutions obtained, is carried out for games in normal form and in the form of a characteristic function.

About the authors

A. V. Korolev

Branch of the National Research University Higher School of Economics, 190068, St. Petersburg, Russia

Email: danitschi@gmail.com
Россия, Санкт-Петербург

M. A. Kotova

Branch of the National Research University Higher School of Economics, 190068, St. Petersburg, Russia

Email: makotova_2@edu.hse.ru
Россия, Санкт-Петербург

G. A. Ugolnitsky

Southern Federal University, Rostov-on-Don, Russia

Author for correspondence.
Email: ougoln@mail.ru
Россия, Ростов-на-Дону

References

  1. Algorithmic Game Theory. Eds N. Nisan, T. Roughgarden, E. Tardos, V. Vazirany. Cambridge: Cambridge University Press, 2007.
  2. Dubey P. Inefficiency of Nash equilibria // Math. Operations Research, 1986. V. 11(1). P. 1–8.
  3. Johari R., Tsitsiklis J.N. Efficiency Loss in a Network Resource Allocation Game // Math. Oper. Res. 2004. V. 29(3). P. 407–435.
  4. Moulin H., Shenker S. Strategy Proof Sharing of Submodular Costs: Budget Balance Versus Efficiency // Econ. Theory. 2001. V. 18(3). P. 511–533.
  5. Roughgarden T. Selfish Routing and the Price of Anarchy. Cambridge: MIT Press, 2005.
  6. Papadimitriou C.H. Algorithms, Games, and the Internet // Proc. 33rd Sympos. Theory of Computing. Cambridge: 2001. P. 749–753.
  7. Угольницкий Г.А. Методика сравнительного анализа эффективности способов организации активных агентов и методов управления // Проблемы управления. 2022. Т. 3. С. 29–39.
  8. Мулен Э. Теория игр с примерами из математической экономики. М.: Мир, 1985. 200 с.
  9. Mas-Colell A., Whinston M.D., Green J.R. Microeconomic Theory. Oxford: Oxford University Press, 1995.
  10. Vives X. Oligopoly Pricing: Old Ideas and New Tools. Cambridge: MIT Press, 1999.
  11. Basar T., Olsder G.Y. Dynamic Non-Cooperative Game Theory. Philadelphia: SIAM, 1999. 506 p.
  12. Dockner E., Jorgensen S., Long N.V., Sorger G. Differential Games in Economics and Management Science. Cambridge: Cambridge University Press, 2000. 382 p.
  13. Понтрягин Л.С., Болтянский В.Г., Гамкрелидзе Р.В., Мищенко Е.Ф. Математическая теория оптимальных процессов. М.: Наука, 1983.
  14. Petrosjan L.A., Zenkevich N.A. Game Theory. Basel: World Scientific Publishing, 1996.
  15. Petrosyan L.A., Yeung D.W.K. Shapley Value for Differential Network Games: Theory and Application // J. Dynamics and Games. 2021. V. 8(2). P. 151–166.
  16. Shapley L. A Value for n-person Games // Contributions to the Theory of Games. Vol. II Eds H.W. Kuhn, A.W. Tucker. Princeton: 1953.
  17. Neumann J. von, Morgenstern O. Theory of Games and Economic Behavior. Princeton: Princeton University Press, 1953.
  18. Petrosjan L., Zaccour G. Time-consistent Shapley Value Allocation of Pollution Cost Reduction // J. Economic Dynamics and Control. 2003. V. 27(3). P. 381–398.
  19. Gromova E.V., Petrosyan L.A. On an Approach to Constructing a Characteristic Function in Cooperative Differential Games // Automation and Remote Control. 2017. V. 78. P. 1680–1692.
  20. Gromova E., Marova E., Gromov D. A Substitute for the Classical Neumann–Morgenstern Characteristic Function in Cooperative Differential Games // J. Dynamics and Games. 2020. V. 7(2). P. 105–122.
  21. Угольницкий Г.А., Усов А.Б. Исследование дифференциальных моделей иерархических систем управления путем их дискретизации // АиТ. 2013. № 2. С.109–122.
  22. Угольницкий Г.А., Усов А.Б. Динамические модели коррупции в иерархических системах управления при эксплуатации биоресурсов // Изв. РАН. ТиСУ. 2014. № 6. С. 168–176.
  23. Угольницкий Г.А., Усов А.Б. Алгоритмы решения дифференциальных моделей иерархических систем управления // АиТ. 2016. № 5. С. 148–158.
  24. Korolev A.V., Ougolnitsky G.A. Optimal Resource Allocation in the Difference and Differential Stackelberg Games on Marketing Network // J. Dynamics and Games. 2020. V. 7(2). P. 141–162.


Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

This website uses cookies

You consent to our cookies if you continue to use our website.

About Cookies