A small model of market behavior

A small model of market behavior

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Article ID: iaor2003443
Country: Netherlands
Volume: 63
Issue: 4
Start Page Number: 654
End Page Number: 665
Publication Date: Apr 2002
Journal: Automation and Remote Control
Authors: , , ,
Abstract:

A general scheme of cyclic multiphase behavior of interacting production subjects in the conditions of regular payments and no competition was proposed. A small model of market behavior describing the realistic interaction of an electric power plant and an open-pit coal mine was realized in the software form. The results of numerical experiments were described.

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