Model of economic relations of exchange with consistent economic interests for analysis of competitive relations of monopoly market subjects

The article presents an investigation of the application of the model developedby the author of the economic relations of exchange with the agreed economicinterests of market entities for the analysis of competitive relations in themonopoly market. The relations of competition between subjects of the monopolymarket are formalized on the basis of dependencies, which are modificationsof the Lerner index, which characterizes the economic power associated withthe concentration of the market. In accordance with the model of exchangeprocesses and in addition to the analy tical possibilities of the Lerner indexreflecting private interests in the relations of competition, its use is suggested foranalyzing competition in the system of coordinated private economic interests of amonopolist and collective (socially-institutional) interest. Using the example of anumerical experiment, the peculiarities of the monopolist company’s behavior arerevealed, which complement the known theories of competition in the monopolymarket, clarify the criteria and optimal parameters of the monopolist’s activityand the coordinated (harmonious) state of the monopoly market.