International Business Management
ISSN: OnlineISSN: Print 1993-5250
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Providing a Conceptual Model in Dynamical System Game Theory in the Study of Cognitive Behavior Competitors in an Oligopoly Market
Ali Mohammadi, Ali Naghi Mosleh Shirazi, Ahmad Taleb Nejad, Ahmad Sadraei Javaheri and Ehsan Javanmardi
Page: 1921-1928 | Received 21 Sep 2022, Published online: 21 Sep 2022
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Abstract
The main idea of this study is to provide a conceptual model of a game in conditions of oligopoly based on feedback loops and system dynamics approach and explore the dynamics prevailing in a game in the real world and solve problems that conventional methods of game theory cant study them. During this study attempt to compare the complex method of game theory and system dynamics to explore the possibility of using the combination method of these two to consider oligopoly markets. The search method of problem is the combination of qualitative methods include using interviews with industry experts to prepare the models and quantitative methods of system dynamics, methodologies and simulation and methods of solving game theory search innovation consisted of representing a model in which considering the impact of behavior of the players on the environment and vice versa, also checking. The transition period a game in oligopoly and taking into account lag of information can be observed.
How to cite this article:
Ali Mohammadi, Ali Naghi Mosleh Shirazi, Ahmad Taleb Nejad, Ahmad Sadraei Javaheri and Ehsan Javanmardi. Providing a Conceptual Model in Dynamical System Game Theory in the Study of Cognitive Behavior Competitors in an Oligopoly Market.
DOI: https://doi.org/10.36478/ibm.2016.1921.1928
URL: https://www.makhillpublications.co/view-article/1993-5250/ibm.2016.1921.1928