Applications of the Game Theory in the Managerial System
The article analyses applications of the game theory in the context of the new applied microeconomics, highlighting the implications of this approach on market decisions in monopolistic and duopolistic situations. The tendency towards equilibrium of any economic system is the key to using game theor...
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| Format: | Article |
| Language: | English |
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Editura Eftimie Murgu
2019-06-01
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| Series: | Robotica & Management |
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| Online Access: | http://robotica-management.uem.ro/fileadmin/Robotica/2019_1/RM_2019_1_Pag_36_Minica.pdf |
| _version_ | 1819179563041685504 |
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| author | Mirela Minică |
| author_facet | Mirela Minică |
| author_sort | Mirela Minică |
| collection | DOAJ |
| description | The article analyses applications of the game theory in the context of the new applied microeconomics, highlighting the implications of this approach on market decisions in monopolistic and duopolistic situations. The tendency towards equilibrium of any economic system is the key to using game theory to identify price levels and output volumes in different forms of competition, the differentiation being brought about by the number and economic power of competitors. |
| first_indexed | 2024-12-22T22:00:26Z |
| format | Article |
| id | doaj.art-eb79f2da94a249d482fefc41f42e3f94 |
| institution | Directory Open Access Journal |
| issn | 1453-2069 2359-9855 |
| language | English |
| last_indexed | 2024-12-22T22:00:26Z |
| publishDate | 2019-06-01 |
| publisher | Editura Eftimie Murgu |
| record_format | Article |
| series | Robotica & Management |
| spelling | doaj.art-eb79f2da94a249d482fefc41f42e3f942022-12-21T18:11:09ZengEditura Eftimie MurguRobotica & Management1453-20692359-98552019-06-012413639Applications of the Game Theory in the Managerial SystemMirela Minică0“Eftimie Murgu” University of ReşiţaThe article analyses applications of the game theory in the context of the new applied microeconomics, highlighting the implications of this approach on market decisions in monopolistic and duopolistic situations. The tendency towards equilibrium of any economic system is the key to using game theory to identify price levels and output volumes in different forms of competition, the differentiation being brought about by the number and economic power of competitors.http://robotica-management.uem.ro/fileadmin/Robotica/2019_1/RM_2019_1_Pag_36_Minica.pdfmarketcompetitioneconomic gamedecisionequilibrium |
| spellingShingle | Mirela Minică Applications of the Game Theory in the Managerial System Robotica & Management market competition economic game decision equilibrium |
| title | Applications of the Game Theory in the Managerial System |
| title_full | Applications of the Game Theory in the Managerial System |
| title_fullStr | Applications of the Game Theory in the Managerial System |
| title_full_unstemmed | Applications of the Game Theory in the Managerial System |
| title_short | Applications of the Game Theory in the Managerial System |
| title_sort | applications of the game theory in the managerial system |
| topic | market competition economic game decision equilibrium |
| url | http://robotica-management.uem.ro/fileadmin/Robotica/2019_1/RM_2019_1_Pag_36_Minica.pdf |
| work_keys_str_mv | AT mirelaminica applicationsofthegametheoryinthemanagerialsystem |