Resources exchange models in the systems with asymmetric information structure

Abstract

The analysis of the problem dealing with elaboration of mathematical models of resources exchange systems (markets networks) having several rivals and incomplete information of consumers regarding the quality of goods has been carried out. The alternative models of dependence of demand on price and the degree of consumers awareness have been suggested. The generalized model of system dynamics is developed. Transient processes are obtained, conditions of leaving the market by one the competitors are determined.