Publication detail

MODELING OF MONOPOLIZATION BRANCH

LUŇÁČEK, J.

Original Title

MODELING OF MONOPOLIZATION BRANCH

English Title

MODELING OF MONOPOLIZATION BRANCH

Type

conference paper

Language

Czech

Original Abstract

The aiming of this paper is on the present models of duopoly, which is the limiting case of oligopoly. The common characteristic of these models is that they assume a certain pattern of reaction of competitors in each period and despite the fact that the 'expected' reaction does not in fact materialize, the firms continue to assume that the initial assumption holds. In other words, firms are assumed never to learn from past experience, which makes their behavior at least naive. The paper describe basis model known nowadays. Polemic of sequence game is not solved in this paper. To Game theory by Von Neumann is based on these models.

English abstract

The aiming of this paper is on the present models of duopoly, which is the limiting case of oligopoly. The common characteristic of these models is that they assume a certain pattern of reaction of competitors in each period and despite the fact that the 'expected' reaction does not in fact materialize, the firms continue to assume that the initial assumption holds. In other words, firms are assumed never to learn from past experience, which makes their behavior at least naive. The paper describe basis model known nowadays. Polemic of sequence game is not solved in this paper. To Game theory by Von Neumann is based on these models.

Keywords

Model, monopol, oligopol

Key words in English

model, monopol, oligopol

Authors

LUŇÁČEK, J.

RIV year

2006

Released

26. 5. 2006

Publisher

FBM BUT Brno

Location

Brno

ISBN

80-214-2953-4

Book

sborník

Edition

1

Edition number

1

Pages from

65

Pages to

72

Pages count

7

BibTex

@inproceedings{BUT28759,
  author="Jiří {Luňáček}",
  title="MODELING OF MONOPOLIZATION BRANCH",
  booktitle="sborník",
  year="2006",
  series="1",
  number="1",
  pages="65--72",
  publisher="FBM BUT Brno",
  address="Brno",
  isbn="80-214-2953-4"
}