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JOURNALS // Avtomatika i Telemekhanika // Archive

Avtomat. i Telemekh., 2023 Issue 2, Pages 150–168 (Mi at16161)

This article is cited in 1 paper

Control in Social Economic Systems

The interaction of economic agents in Cournot duopoly models under ecological conditions: a comparison of organizational modes

G. A. Ougolnitsky, A. B. Usov

Southern Federal University, Rostov-on-Don, Russia

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.

Keywords: Cournot duopoly, Germeier games, relative efficiency indices, cooperative solution, ecological safety.

Presented by the member of Editorial Board: D. A. Novikov

Received: 21.04.2022
Revised: 16.09.2022
Accepted: 26.10.2022

DOI: 10.31857/S0005231023020083


 English version:
Automation and Remote Control, 2023, 84:2, 175–189


© Steklov Math. Inst. of RAS, 2024