Simulation computerbased decision-support-systems on an oligopolistic market with EUSTOPIC

Simulation computerbased decision-support-systems on an oligopolistic market with EUSTOPIC

0.00 Avg rating0 Votes
Article ID: iaor19891025
Country: Germany
Volume: 12
Start Page Number: 43
End Page Number: 49
Publication Date: Mar 1990
Journal: OR Spektrum
Authors:
Keywords: game theory
Abstract:

The contribution describes a complex man-machine-simulation-model. It simulates what happens, if on an oligopolistic one-product-market four companies make their decisions on the basis of decision-support-systems and act accordingly. The simulation model comprises as a first part the reaction model of a business game. This model computes the in-firm and market reactions as consequences of the decisions of these companies. A second component are the players of the game representing the enterprise managements. They make their decisions by using a decision-support system (DSS), the third element of the simulation model. The DSS has modules for planning, prognosis, optimization, providing of information, help as well as end user tools for their further development.

Reviews

Required fields are marked *. Your email address will not be published.