Agent-based model of competition in the high-technology products’ market (for example, the major aircraft manufacturers of combat aviation)

Economics and management


Аuthors

Babenko E. A.

Moscow Aviation Institute (National Research University), 4, Volokolamskoe shosse, Moscow, А-80, GSP-3, 125993, Russia

e-mail: dewdroping@gmail.com

Abstract

This article coves the development and the research of the agent-based model of competition players (companies) in high-tech products’ market by the example of the major aircraft manufacturers of combat aviation. It explores the dynamics of oligopolistic competitive situations caused by the companies’ actions in high-tech sector of the market, in order to select the most promising strategy for the company to maximize its profit.

Keywords:

theoretical-game model, satisficing game theory, competitive strategy, conflict resolution in the high-technology market, multiagent system


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