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National Repository of Grey Literature 2 records found  Search took 0.00 seconds. 
Generalisation of Cournot oligopoly model for more players
 Nehasil, Václav ; Chrobok, Viktor (advisor) ; Zouharová, Martina (referee)
This thesis deals with oligopolistic market and situations occurring in it. Its aim is to approximate basic principles and rules, which relate to oligopoly. Thesis is limited to the situation when the products of all firms are homogeneous and these firms compete only by the produced quantities. Models of Cournot and Stackelberg are introduced in it. The possibilities of cooperation are being researched using the theory of games. Solved mathematical problem is attached to each of these models and it demonstrates all the procedures properly. Derivation of general formulas, if all cost and price functions are linear, is located in the second part of the thesis. Their utilization is demonstrated on solved mathematical problem and verification of them is located there.
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Analysis of the Market of Credit Vouchers on Faculty of Economics, University of Economics in Prague
 Borna, Jan ; Hudík, Marek (advisor) ; Chytilová, Helena (referee)
This paper examines the determinants of market price of credit vouchers. Based on the analysis of the specifics of the market, we create a model describing the formation of market price. We estimate the model by ordinary least squares on dataset of 103 transactions containing all necessary data of the original 436 transaction data. There is found a rapid decrease in market price with time associated with discovered gradual centralization of the market, which is profitable for the buyers particularly because of highly inelastic supply. We have also discovered and quantified significant transaction costs for buyers. There is found none apparent connection between the prevailing market price and the frequency of donation.
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