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Solution of Economy Goals under the Conditions of Rivalry, Conflict or Uncertainty

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Mukhsinov Yodgor Mirzoyevich

Abstract

The article dwells on game models of economy goals. The usage of game models in economy affords to optimize quantitative economy analysis. In economy one has to frequently decide  sums under the conditions of rivalry, conflict or uncertainty, when two or more parties pursue different  aims. Resorting to the method of matrix games the author adduces the stages of economy sums decisions.Two practical goals are solved. Optimal strategies and the price of the game have been  found.Economic interpretation of the results obtained  is presented.

Keywords

rivalry, conflict, uncertainty, matrix game, optimal decision, optimal strategy, gamesters, maximal and   minimal gain

References

1.       Kremer N.Sh. Mathematics for Economists. – Moscow: Yuright, 2010. – 646  p.

2.       Mukhsinov Yo.M., Mukhsinova S.M. Researches of Operations. – Khudjand, 2004. -72p.

3.       Mukhsinov Yo.M. Application of Matrix Game for Decision of  Economy Sums. – Khudjand, 2013. -32p.

Publication date

Thursday, 06 August 2015