Dynamic SPICE-model of the regional development: a comparative analysis of the administrative and economic control mechanisms (on the example of South Federal District)

  • Ольга Ивановна Горбанева South Federal University
  • Olga Gorbaneva South Federal University
  • Антон Дмитриевич Мурзин South Federal University
  • Anton Murzin South Federal University
  • Геннадий Анатольевич Угольницкий South Federal University
  • Gennady Ougolnitsky South Federal University
Keywords: dynamic Stackelberg games, control mechanisms, Nash equilibrium, Stackelberg equilibrium, coordination of interests, regional management

Abstract

A game theoretic formalization of the mechanisms of control over the regions as parts of a macroregion with consideration of the requirements of sustainable development is proposed. A modified Solow model is used for the description of the regional state dynamics. The model is identified on real data for the South Russian Federal District. A qualitative comparative analysis of efficiency of the administrative and economic control mechanisms is made.

Published
2021-03-25
How to Cite
Горбанева, О., Gorbaneva, O., Мурзин, А., Murzin, A., Угольницкий, Г., & Ougolnitsky, G. (2021). Dynamic SPICE-model of the regional development: a comparative analysis of the administrative and economic control mechanisms (on the example of South Federal District). Mathematical Game Theory and Applications, 13(1), 59-88. https://doi.org/10.17076/mgta_2021_1_31