The combination of system dynamics and game theory in analyzing oligopoly markets

In this paper, we present a hybrid method of game theory and dynamic systems to study the behavior of firms in an oligopoly market. The aim of this study is to build a model for an oligopoly game on the basis of feedback loops and system dynamics approach and to solve the resulted problems under som...

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Bibliographic Details
Main Authors: Ali Mohammadi, Alinaghi Mosleh Shirazi, Ahmad Talebnezhad, Ahmad Sadraee Javaheri, Ehsan Javanmardi
Format: Article
Language:English
Published: Growing Science 2016-04-01
Series:Management Science Letters
Subjects:
Online Access:http://www.growingscience.com/msl/Vol6/msl_2016_14.pdf