Mathematical simulation of competition mechanisms (Q1096520)
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scientific article; zbMATH DE number 4031355
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Mathematical simulation of competition mechanisms |
scientific article; zbMATH DE number 4031355 |
Statements
Mathematical simulation of competition mechanisms (English)
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1987
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A competition model of an economic system is discussed in which the elements are described by convex functions of production costs. The problem of developing an optimal competition mechanism is stated and solved.
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optimal competition mechanism
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