Modelling behaviour of economic agents in "manufacturer-mediator-competitive market" system
The management problem is considered for a "manufacturer-mediator-market" system. The model accounts for asymmetric information and limited rationality of economic agents. Cournot and Stackelberg equilibria are calculated and analyzed. The relation is studied between the profit of a manufacturing firm and the size of its distribution network in a competitive market. Applications include agents’ interactions organization and distribution network optimization.