Back to Search
Start Over
Monotonicity of equilibriums in Cournot competition with mixed interactions of agents and epistemic models of uncertain market.
- Source :
- Procedia Computer Science; 2021, Vol. 186, p411-417, 7p
- Publication Year :
- 2021
-
Abstract
- The paper continues the investigations of the sensitivity of the equilibriums for the Cournot competition with uncertain market capacity. There are two types of agents - stubborn and flexible, and two types of interactions - with and without communications. The main idea was based on a calculation of the sensitivity of the equilibriums to control. The equilibriums depend on beliefs of agents about market capacity and their beliefs about the beliefs of other agents. We have calculated the sensitivity of the equilibriums separately for each combination of types of agents. This paper focuses on a mixed case - when there are at least four clusters - each cluster for every combination of types of agents and their interactions. [ABSTRACT FROM AUTHOR]
- Subjects :
- NASH equilibrium
THERMODYNAMIC control
MARKETING models
SOCIAL networks
GAME theory
Subjects
Details
- Language :
- English
- ISSN :
- 18770509
- Volume :
- 186
- Database :
- Supplemental Index
- Journal :
- Procedia Computer Science
- Publication Type :
- Academic Journal
- Accession number :
- 150850348
- Full Text :
- https://doi.org/10.1016/j.procs.2021.04.217