SUSTAINABILITY OF THE OLIGOPOLISTIC MARKET
Journal Title: Вісник Одеського національного університету. Економіка. - Year 2017, Vol 22, Issue 7
Abstract
The model of oligopolistic market with an random number of firms participating in market interaction is investigated. The structural stability of the model is analyzed. Examples are given with a one-step concentrated lag and a delay distributed in a geometric progression. The corresponding results are illustrated by graphs of the transitional processes of output volumes for a different number of firms on the market.
Authors and Affiliations
A. V. Voronin, E. U. Zhelezniakova
Keywords
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