In this paper, we analyze the model of agent-based coalition formation in markets. Our goal is to study the convergence of the coalition formation and optimize agents’ strategies. We show that the model has a unique steady state (equilibrium) and prove that all solutions converge to it in the...

We present a model to describe the dynamics of web sites on the WWW market. The model accounts for cooperation and competition at the same time. Our goal is to establish strategies for web sites to win on the WWW market. Unlike the known competition systems, the model shows unexpected...