Modelling a duopoly market of the day-to-day goods
Journal Title: Проблеми економіки - Year 2013, Vol 2013, Issue 3
Abstract
Management of competitiveness of a production enterprise is directly connected with issues of formation of competitive strategies, which requires a thorough analysis of those components of the enterprise activity, which could become the basis of formation and strengthening of stable competitive advantages. The existing models do not take into account the market infrastructure and, that is why, not quite suitable for being used in the practical activity of a firm in a competitive market. The article develops dynamic models of quantitative and pricing duopolies, which describe activity of firms, which deal with production, storing and selling day-to-day goods. The models allow taking into account interdependence of the current state of the market and current production facilities of enterprises. The proposed models give a possibility of a purposeful selection of strategic behaviour of duopolists. The conducted analysis of strategies of competitive firms revealed significant influence of market characteristics upon results of economic activity of firms.
Authors and Affiliations
Yuriy Sherstennykov
Keywords
Related Articles
- EP ID EP120854
- DOI -
- Views 82
- Downloads 0
Approach to Automation of Methodology Foresight Concerning the Definition of the Scientific and Technological Priorities of Nano Industry
The generalized procedure for implementing of Foresight project to identify promising areas of nanotechnology NTR was suggested. As a result of solving the problem an information technology implementation of the Foresigh...
Evaluation Model of Private Pension Fund Activity on the Basis of the Theory of fractals
The article is devoted to the problem of evaluation of the dynamics of indicators of non-state pension funds activities of Ukraine on the basis of the fractals theory application.
Multi-dimensional nature of results of formation and realisation of the ecological component of a company's potential
The article states that the modern state of the environment requires formation of ecological awareness of individuals and society. It also states that the issues of formation and realisation of the ecological components...
Methods of assessment of financial risks of economic systems under crisis conditions
The article is devoted to issues of assessment of financial risks. Their main advantages and disadvantages are identified. Definition of the financial risk is formulated. Multifactor analysis is presented as a modern and...
The Regulation of Transnational Business at a Regional Level (Foreign Trade)
The conducted research has shown that the regulation of transnational business at a branch level is mainly related to foreign trade, including export-import operations. The particular importance in the regulation of tran...