Geodesic
A study into unsteady oligopolistic markets
Sibirskij žurnal industrialʹnoj matematiki, Tome 20 (2017) no. 1, pp. 11-20

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We study an oligopolistic market by a simulation model in continuous time. The suppliers (oligopolists) use two rules of behavior which are determined from systems of ordinary differential equations. The scenario determines the stategy of a supplier including the possibility of the change of behavior during interaction. We shown that there are possible stationary states when one of the suppliers gets benefits from changing behavior, after which his income will increase as compared with the incomes of the other actors.
Keywords: simulation model, oligopoly, supplier, consumer, market equilibrium. 
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N. I. Aizenberg; V. I. Zorkaltsev; I. V. Mokryi. A study into unsteady oligopolistic markets. Sibirskij žurnal industrialʹnoj matematiki, Tome 20 (2017) no. 1, pp. 11-20. http://geodesic.mathdoc.fr/item/SJIM_2017_20_1_a1/