GAME THEORY AND THE STRATGIC BEHAVIOR OF OLIGOPOLIES
Analysis of market structures is thearea of economics, where game theory has madethe greatest use. On competitive markets with manyparticipants, each participant seeks the bestsolution for himself/herself, ignoring the actions ofother participants. However, if the number ofparticipants is small and...
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Format: | Article |
Language: | English |
Published: |
Faculty of Economics Pale University of East Sarajevo
2011-01-01
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Series: | Zbornik Radova Ekonomskog Fakulteta u Istočnom Sarajevu |
Subjects: | |
Online Access: | http://www.ekofis.org/images/dokumenti/Aktivnosti/zr2011/Sladjana%20Radovic.pdf |