For citation:
Rempen I. S., Koronovskii A. A. Nonlinear model of customers and sellers interaction. Izvestiya VUZ. Applied Nonlinear Dynamics, 1997, vol. 5, iss. 5, pp. 80-88. DOI: 10.18500/0869-6632-1997-5-5-80-88
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Language:
Russian
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Article
UDC:
519.8661.2
Nonlinear model of customers and sellers interaction
Autors:
Rempen Irina S., Saratov State University
Koronovskii Aleksei Aleksandrovich, Saratov State University
Abstract:
In this work the interaction of customers and sellers is examined. Goods of the same kind may be selled by different prices and every customer sets the limit price he is able to pay. The dynamics of the system with different initial forms of supply and demand functions is examined. The method of deriving the demand and the profit functions by the given supply function is described.
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Reference:
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Received:
17.04.1997
Accepted:
08.07.1997
Published:
17.12.1997
Journal issue:
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