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Mathematical models of multi-level competition


Svetunkov S.G.
(about the author)

Svetunkov Sergey Gennadevich – (National Research University – Higher School of Economics)

Published in:
Russian Journal of Entrepreneurship
– Volume 18, Number 22 (November 2017)

JEL classification: C51, D40, D47

Keywords: balance method, competition, level of competition, mathematical model, multi-level competition


Citation:
Svetunkov S.G. (2017). Mathematical models of multi-level competition. Russian Journal of Entrepreneurship, 18(22), 3447-3458. doi: 10.18334/rp.18.22.38453


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Abstract:

Before we can more accurately identify еру state of competition in the market, we need to proceed to the analysis of competition taking into account its multi-level structure. This can be done with balance method that takes into account sales volumes in B2B wholesale market and B2C retail market. The article presents a comparative analysis of economic and mathematical models describing this market. On this basis we suggest the best model with good analytical properties.








References:
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