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Authors

Stepanov L. V.

Degree
Ph. D. (Eng.), Associate Professor, Department of Information Technology, Institute of Management, Marketing and Finance
Location
Voronezh
Articles

Modeling of the parameters of competitive products in monopolistic competition

The mathematical model allows us to determine the parameters of competitive product. The model is based on the application of genetic algorithm, which was modified by the author. The author also proposed the way of applying the algorithm to nonprice parameters of products or services.

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