Simulation cobweb model of price formation with delayed supply

Journal Title: Проблеми економіки - Year 2013, Vol 2013, Issue 3

Abstract

The article presents a simulation cobweb model of price formation with delayed supply. It considers cases with absence and availability of random factors. Randomness is presented in the model as a concept of games with nature with the use of Markov chains. The article studies activity of the retail link in the described environment.

Authors and Affiliations

Roman Yatsenko, Oleksiy Balykov

Keywords

Related Articles

Peculiarities of Fixed Assets Accounting after January 1, 2015

The aim of the article is to study the peculiarities of regulatory and legal support of fixed asset accounting, which involves the further harmonization of accounting with tax accounting, gradually approaching the intern...

Ensuring personnel reliability as a factor of increase of competitiveness

The goal of the article lies in identification of the essence of economic category "personnel competitiveness", marking out the most important factors of influence upon personnel competitiveness and identification of spe...

Efficiency of Working Capital Management in the System of Financial Safety of Trade Enterprises

The article investigates theoretical and methodological and practical aspects of managing the financial security of enterprises of wholesale and retail trade in Ukraine, summarizes the scientific approaches to assessing...

The Bureau of Credit Stories: Evolution, Formation and Development Opportunities

In article formation and development of possibilities of bureau of credit stories in Ukraine is considered. Also world experience of functioning of bureau is considered.

Management equity of industrial enterprises problems in Ukraine

The equity management problems in Ukraine are analyses in the article. A role and influencing of privatization processes in becoming of the domestic corporate governance is shown.

Download PDF file
  • EP ID EP110000
  • DOI -
  • Views 107
  • Downloads 0

How To Cite

Roman Yatsenko, Oleksiy Balykov (2013). Simulation cobweb model of price formation with delayed supply. Проблеми економіки, 2013(3), 352-358. https://www.europub.co.uk/articles/-A-110000