ISSN 0869-6632 (Print)
ISSN 2542-1905 (Online)


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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Language: 
Russian
Article type: 
Article
UDC: 
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).

Key words: 
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Received: 
25.05.1999
Accepted: 
11.11.1999
Published: 
01.02.2000