Result Details

MODELING OF MONOPOLIZATION BRANCH

LUŇÁČEK, J. MODELING OF MONOPOLIZATION BRANCH. In sborník. 1. Brno: FBM BUT Brno, 2006. s. 65-72. ISBN: 80-214-2953-4.
Type
conference paper
Language
Czech
Authors
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

English keywords

model, monopol, oligopol

Published
2006
Pages
65–72
Proceedings
sborník
Series
1
Edition
1
Conference
MANAGEMENT, ECONOMICS AND BUSINESS DEVELOPMENT IN THE NEW EUROPEAN CONDITIONS. (International Scientific Conference.)
ISBN
80-214-2953-4
Publisher
FBM BUT Brno
Place
Brno
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"
}
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