Probabilistic Approach in the Problem of International Competition of Manufacturers with Random Variables
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Game-theoretic models of manufacturers’ competition in the international market of a homogeneous product are constructed provided that the strategic variables of the manufacturers are random. A class of distributions of random variables that guarantees the existence of a solution to non-cooperative games describing international trade is distinguished. Explicit formulas for the “corrected” Nash equilibrium are established in the constructed models.
Keywordsquantitative competition strategy problem of international trade game-theoretic model “corrected” Nash equilibrium
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