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Issue 4, 2007

Zenkevich N. A., Gladkova M. A. Game-Theoretical Model «Quality — Price» under Competition on the Industry Market

Investigation of quality problems is in the focus of interest of industrial organization. It is caused by the fact that quality is a powerful instrument of the company management and the requirement providing the competitiveness of the company. This article presents the results of an investigation for the three stages game-theoretical model, where in the first stage company defines quality range, in the second one-quality level and in the closing stage it sets the price of the product. The modeling results are received in closed form.

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Released: Issue 4, 2023
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