Mechanism of conflict resolution under conditions of imperfect competition
- Authors: Danilov-Danil’yan V.I.1, Khranovich I.L.1
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Affiliations:
- Water Problems Institute
- Issue: Vol 55, No 3 (2016)
- Pages: 492-501
- Section: Control in Organizational and Social–Economic Systems
- URL: https://journals.rcsi.science/1064-2307/article/view/219665
- DOI: https://doi.org/10.1134/S1064230716030072
- ID: 219665
Cite item
Abstract
This paper presents an approach and a corresponding mechanism for adjusting resource use strategies under conditions of uncertainty. Situations of competition between two economic agents are considered in which individual agents can affect the general characteristics of resources (particularly, the price). The proposed approach allows one to choose strategies depending on one’s interests regardless of the behavior of other agents as in the case of perfect competition.
About the authors
V. I. Danilov-Danil’yan
Water Problems Institute
Email: khran@bk.ru
Russian Federation, Moscow
I. L. Khranovich
Water Problems Institute
Author for correspondence.
Email: khran@bk.ru
Russian Federation, Moscow