Modeling of competition between agents of the same level in a multi-level system with information asymmetry

Abstract

Abstract We propose a game-theoretic model of resource-based competition between agents of the same level in a multi-level system with information asymmetry. It is shown that under conditions of uncertainty, the optimism of agents leads to non-optimal solutions and an increase in the loss of the total added value in the system due to resource waste. The mechanisms of optimistic shifts in agent estimates and agent’s Bayesian adjustment are described. Equilibrium conditions are obtained in the proposed model.