Year of Graduation
How Many Monopolists are on the Market?
Applied Mathematics and Information Science
Empirical evidence shows that many industries consist of a few big firms and myriads small firms. In this paper I consider a possible model with coexistence big ans small firms which does not have exact analytical solution, and introduce an algorithm which numerically finds equilibrium parametrs. The results of its numerical calculations correlate to the theoretical approach. Moreover, I consider additional characteristics which were not provided by analytical approach.