2019
DOI: 10.1088/1757-899x/680/1/012034
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Modeling of competition between agents of the same level in a multi-level system with information asymmetry

Abstract: We propose a game-theoretic model of resource-based competition between agents of the same level in a multi-level system with information asymmetry. It is shown that under conditions of uncertainty, the optimism of agents leads to non-optimal solutions and an increase in the loss of the total added value in the system due to resource waste. The mechanisms of optimistic shifts in agent estimates and agent’s Bayesian adjustment are described. Equilibrium conditions are obtained in the proposed model.

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“…We should also mention the in-depth modernization of the system, the reduction of informal sector growth, and the regulation of new forms of employment. With the transformation of the socio-economic system, there is a growing urgency to transform established concepts regarding forms of employment (Gurtuev et al, 2019). The development of new methodological approaches should follow the current conjuncture.…”
Section: Research Questionsmentioning
confidence: 99%
“…We should also mention the in-depth modernization of the system, the reduction of informal sector growth, and the regulation of new forms of employment. With the transformation of the socio-economic system, there is a growing urgency to transform established concepts regarding forms of employment (Gurtuev et al, 2019). The development of new methodological approaches should follow the current conjuncture.…”
Section: Research Questionsmentioning
confidence: 99%