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
Link To Document