Abstract:
The problem of oligopoly market structures simulation is considered for arbitrary number of agents, linear and nonlinear demand functions, nonlinear agents' costs functions. The equilibrium behavior of agents is described on the basis of conjectural variations in Cournot and Stackelberg reaction models (considering cases with one or several leaders). The adequacy of Cournot reaction model was proved by equilibriums simulation for Russia Volga region telecommunication market with statistically obtained prices and agents' costs functions for voice communication and internet traffic.