Aiming at maintaining normal vital functions of a human being, the state must guarantee its citizens free economic access to foodstuffs. Globally, for food safety level assessment they use the system of seven key factors. The similar approach to assessment of food safety is also used in Ukraine....

In a highly competitive environment a product’s commercial success depends increasingly more upon the ability to satisfy consumers’ preferences that are highly diversified. Since a consumer product typically comprises a host of technological attributes, its market value incorporates all of...

Strategic interaction in oligopolistic markets has been extensively studied in the literature. This literature deals mostly with the case of multiple firms which produce a homogeneous good or goods that are perfect substitutes. In this paper we provide a simple model of price competition in a...