Mathematical Models Of Monopolistic Competition: Theoretical Principles And Applications Cover Image

Matematički modeli monopolističke konkurencije: teorijski principi i primene
Mathematical Models Of Monopolistic Competition: Theoretical Principles And Applications

Author(s): Vladica Stojanović, Milan Božinović
Subject(s): Economy
Published by: Универзитет у Нишу
Keywords: monopolistic competition; models of functional dependence; optimization of economics variables

Summary/Abstract: In this paper we will consider the problem of monopolistic competition of two or more firms that offer the same products. Special attention will be put on the construction of a general mathematical model of oligopolistic competition. This model was applied in practical research, i.e. it was implemented in the production optimization of three monopolistic firms.

  • Issue Year: 2011
  • Issue No: 2
  • Page Range: 121-129
  • Page Count: 9
  • Language: English