Dynamic Models of Competition with Endogenous Network Formation: The Case of Constant Output

被引：0
作者：
V. A. Kochevadov [1 ]
A. A. Sedakov [1 ]
机构：
[1] St. Petersburg State University, St. Petersburg
来源：
Doklady Mathematics | 2024年 / 110卷 / Suppl 2期
基金：
俄罗斯科学基金会;
关键词：
competition; endogenous network; investment; Nash equilibrium; network game;
D O I：
10.1134/S1064562424702375
中图分类号：
学科分类号：
摘要：
Abstract: The paper examines discrete-time network models of competition with a finite planning horizon. Firms produce a homogeneous product in constant quantities and sell it in a common market. In a nonterminal period, the behavior of each firm is characterized by a multicomponent profile that includes, among other things, the amount of investment and the structure of bilateral links with partner firms. The latter affects the technological state of the firm and allows it to reduce its current costs. The endogenous structure of partner firms is described by a network. For the models under study, an open-loop Nash equilibrium is characterized. © Pleiades Publishing, Ltd. 2024.
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收藏
页码：S357 / S366
页数：9
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