Nash Equilibrium Scenarios for Russian Automotive Market Development
Abstract
This paper considers the problem of Russian car market development under interested parties’ interaction. For this purpose the main players’ strategies and payoffs are defined and an extensive form of the game is built. Nash equilibrium scenarios are found and interpreted in terms of individual and cooperative points of view.
Keywords:
car industry, extensive form of the game, nash equilibrium, pareto equilibrium
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Articles of "Contributions to Game Theory and Management" are open access distributed under the terms of the License Agreement with Saint Petersburg State University, which permits to the authors unrestricted distribution and self-archiving free of charge.