DocumentCode
3701476
Title
Stochastic models of social-economic dynamics
Author
Oleg A. Malafeyev;Sergey A. Nemnyugin;Georgy A. Ivaniukovich
Author_Institution
Saint-Peterburg State University, 7/9 Universitetskaya nab., 199034, Russia
fYear
2015
Firstpage
483
Lastpage
485
Abstract
Model of time evolution which may be applied to description both of social and economy dynamics is proposed. The model is based on the assumption that evolution is stochastic process which have Markov property. Empirical data show that the stochastic process is ergodic. Such observation makes it possible to apply the known and proven methods of computer simulation.
Keywords
"Biological system modeling","Computational modeling","Mathematical model","Markov processes","Economics","Computer simulation"
Publisher
ieee
Conference_Titel
"Stability and Control Processes" in Memory of V.I. Zubov (SCP), 2015 International Conference
Type
conf
DOI
10.1109/SCP.2015.7342178
Filename
7342178
Link To Document