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Application of Game Theory to Oligopolistic Market
Nekola, Jan ; Dlouhý, Martin (advisor) ; Rada, Miroslav (referee)
This work demonstrates the use of models of game theory to oligopolistic market. It is based on the models of Bertrand, Cournot, Stackelberger, which solves, how optimally the companies decide to maximize their benefit. There is illustrative example here, which is an extension of these models. Decision-making takes place in the several stages, where strategy is suggested according to the certain rules of game theory. Second example deals with the signaling game. My goal is to introduce the theory to the illustrative example and show, how games are sensitive to the changing of information or how specific factors affect the game.

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