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2 ECONTECHMOD : An International Quarterly Journal on Economics of Technology and Modelling Processes

2 2013

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Some features of application the delayed feedback controlmethod to Cournot-Puu duopoly model

Iwaszczuk N., Kavalets I.

ECONTECHMOD : An International Quarterly Journal on Economics of Technology and Modelling Processes

2013

Vol. 2, No 4

29-37

The Cournot-Puu duopoly model is considered. Delayed feedback control method (DFC-method) is applied to this model. The dependence of rate coming of the system at Cournot equilibrium on the feedback coefficient K choice is shown. The optimal value of this coefficient is defined. The dependence of rate coming of the system AT Cournot equilibrium on parameter cr (the ratio of marginal cost firms) is set. The application of DFC-method with two control laws to duopoly model is considered.

Oligopolistic market: stability conditions of the equilibrium point of the generalized Cournot-Puu model

Iwaszczuk N., Kavalets I.

ECONTECHMOD : An International Quarterly Journal on Economics of Technology and Modelling Processes

2013

Vol. 2, No 1

15--22

The paper presents a model describing the behavior of participants of the oligopolistic market. Economic model of the oligopoly – a generalized Cournot-Puu model is constructed. Notion of Cournot equilibrium is introduced. Study on the stability of the equilibrium point of the constructed model is described. As an example, the model of duopoly is considered in detail.