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The Interaction of Economic Agents in Cournot Duopoly Models under Ecological Conditions: A Comparison of Organizational Modes.
- Source :
-
Automation & Remote Control . Feb2023, Vol. 84 Issue 2, p153-166. 14p. - Publication Year :
- 2023
-
Abstract
- This paper presents a comparative analysis of the efficiency of organizational modes (information structures) for the interaction of economic agents in static and dynamic Cournot duopoly models. We compare the independent behavior of equal players, their cooperation, and the hierarchy formalized as Germeier games. The efficiency of individual players and the entire society is quantitatively assessed using the private and social relative efficiency indices. The ecological safety conditions of the system are investigated. An organizational and economic interpretation of the results is proposed. [ABSTRACT FROM AUTHOR]
- Subjects :
- *ECOLOGICAL models
*DATA structures
*SYSTEM safety
*COMPARATIVE studies
Subjects
Details
- Language :
- English
- ISSN :
- 00051179
- Volume :
- 84
- Issue :
- 2
- Database :
- Academic Search Index
- Journal :
- Automation & Remote Control
- Publication Type :
- Academic Journal
- Accession number :
- 169942814
- Full Text :
- https://doi.org/10.1134/S0005117923020078