For citation:
Neimark Y. I., Ostrovsky A. V. On some models of price forming in market economy. Izvestiya VUZ. Applied Nonlinear Dynamics, 1999, vol. 7, iss. 6, pp. 35-41. DOI: 10.18500/0869-6632-1999-7-6-35-41
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Russian
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Article
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519.866.2+330.105
On some models of price forming in market economy
Autors:
Neimark Yurij Isaakovich, Lobachevsky State University of Nizhny Novgorod
Ostrovsky Artem Vilenovich, Lobachevsky State University of Nizhny Novgorod
Abstract:
Elaborated 3-dimensional price forming differential models of Walras and Samuelson types and а model which is dual to Samuelson—type model are under
consideration in this work. These models are investigated by means of qualitative and numerical methods, and this investigation shows that the equilibrium point where the
demand is equal to the supply may lose its stability and auto—oscillations may appear. Excitation of auto—oscillations may be hard or soft (smooth).
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Reference:
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Received:
25.05.1999
Accepted:
11.11.1999
Published:
01.02.2000
Journal issue:
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