A Competition on Market with Protection
| Author: | Bc. Jakub Koubele |
|---|---|
| Year: | 2015 - summer |
| Leaders: | doc. PhDr. Martin Gregor Ph.D. |
| Consultants: | |
| Work type: | Bachelors |
| Language: | English |
| Pages: | 54 |
| Awards and prizes: | |
| Link: | https://is.cuni.cz/webapps/zzp/detail/151494/ |
| Abstract: | The aim of this thesis is to model a market with protection, where protection providers can compete for their clients by price competition, but also by military forces. Besides the analytical approach, we examine an agent-based computational model which simulate market with protection. We found out that ability of protection providers to take into account the long-term impact of their actions is necessary condition for emergence of tax competition, and we also described how various factors can influence behavior of protection providers. |
