Modeling the Expansion of the Production Capacity of Companies in the Oligopoly Market

The article discusses the problem of choosing a strategy for expanding the production capacity of companies in a spatial oligopoly, which is formulated as a set of interrelated problems of nonlinear optimization with coupled variables. To solve it, a method is proposed for reducing the original prob...

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Bibliographic Details
Published in:	2021 14th International Conference Management of large-scale system development (MLSD) pp. 1 - 5
Main Author:	Akinfiev, Valery
Format:	Conference Proceeding
Language:	English
Published:	IEEE 27-09-2021
Subjects:	Biological system modeling Companies Computational modeling development of production and transport systems Game theory mathematical model Mathematical models oligopoly Production Tin
Online Access:	Get full text
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Summary:	The article discusses the problem of choosing a strategy for expanding the production capacity of companies in a spatial oligopoly, which is formulated as a set of interrelated problems of nonlinear optimization with coupled variables. To solve it, a method is proposed for reducing the original problem to solving the mixed complementarity problem (MCP), as well as to solving mathematical programs with equilibrium constraints (MPEC). The prospects and directions of using the proposed approach to solving applied problems of the spatial development of production systems are discussed.
DOI:	10.1109/MLSD52249.2021.9600183