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A Small Model of Market Behavior

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Abstract

A general scheme of cyclic multiphase behavior of interacting production subjects in the conditions of regular payments and no competition was proposed. A small model of market behavior describing the realistic interaction of an electric power plant and an open-pit coal mine was realized in the software form. The results of numerical experiments were described.

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Authors and Affiliations

  1. Research Institute of Communication and Control Systems, Moscow, Russia

    I. N. Karbovskii

  2. Energy Research Institute, Russian Academy of Sciences, Moscow, Russia

    A. M. Lukatskii, G. V. Fedorova & D. V. Shapot

Authors
  1. I. N. Karbovskii
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  2. A. M. Lukatskii
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  3. G. V. Fedorova
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  4. D. V. Shapot
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Karbovskii, I.N., Lukatskii, A.M., Fedorova, G.V. et al. A Small Model of Market Behavior. Automation and Remote Control 63, 654–665 (2002). https://doi.org/10.1023/A:1015186300550

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