International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
Call for Papers | Fully Refereed | Open Access | Double Blind Peer Reviewed

ISSN: 2319-7064


Downloads: 44 | Views: 120

Research Paper | Economics | Singapore | Volume 10 Issue 1, January 2021 | Rating: 6.2 / 10


Application of Richardsons Arms Race Model in Oligopolistic Competition

Kevin Zhang | Zi Qian Chan


Abstract: Richardsons Arms Race Model, originally proposed by mathematician Lewis Fry Richardson, has become an important tool in the study of arms races and international conflict. Its potential application outside of political and military science in economics for modeling competition in oligopolistic markets are illustrated.


Keywords: competition, arms races, economics, mathematical modelling


Edition: Volume 10 Issue 1, January 2021,


Pages: 1205 - 1208


How to Download this Article?

Type Your Valid Email Address below to Receive the Article PDF Link


Verification Code will appear in 2 Seconds ... Wait

Top