• DocumentCode
    3701486
  • Title

    Multicomponent dynamics of competitive single-sector economy development

  • Author

    Gennady D. Drozdov;Oleg A. Malafeyev;Sergey A. Nemnyugin

  • Author_Institution
    St.-Peterburg State Univ., St. Petersburg, Russia
  • fYear
    2015
  • Firstpage
    457
  • Lastpage
    459
  • Abstract
    Models of multicomponent dynamics of competitive single-sector economy development are formalized and studied. The first model is completely deterministic and describes economy under conditions of perfect competition. It is supposed that companies plan their product output due to Cournot game strategy. In two other models external parameters are stochastic. Different approaches to formalization of stochastic models and numerical schemes to solve their equations are proposed. Examples are given.
  • Keywords
    "Stochastic processes","Mathematical model","Numerical models","Companies","Yttrium","Games","Differential equations"
  • Publisher
    ieee
  • Conference_Titel
    "Stability and Control Processes" in Memory of V.I. Zubov (SCP), 2015 International Conference
  • Type

    conf

  • DOI
    10.1109/SCP.2015.7342188
  • Filename
    7342188