Control in the socio-economic systems

Pricing models under depreciation profitability constraints and market monopolization

I. V. Time, N. A. Anuahsvili

Institute of Control Sciences, Russian Academy of Sciences

Abstract: From the control theory viewpoint, the paper examines the qualitative effects of pricing mechanism in market economy under market monopolization conditions. The investigation is based on potential demand curve for the chosen goods and services in the region of monopolist structure affection. The paper shows what qualitative effects may ensue from taking specific control actions altering the demand curve. It addresses the needs of mid level managers not aware of economy analysts' toolkits.

UDC: 338.24