Economic models of periodic marketing systems

  • A. H. Zemanian
Conference paper
Part of the Lecture Notes in Control and Information Sciences book series (LNCIS, volume 35)


In third-world economies, staple food crops and many other consumer items are usually marketed through periodic markets. If the size of a marketing system is measured by the number of its participants or even by the monetary value of the goods exchanged, periodic markets are commonly the largest component of the overall marketing system. Our current research is aimed at modelling such systems. A typical model is a large number of nonlinear difference equations representing the interactions of supply and demand within and between the various markets in the system. From this we have obtained a number of qualitative conclusions regarding the temporal and spatial characteristics of price and commodity-flow variations.


Marketing System Nonlinear Difference Equation Staple Food Crop Distant Market Periodic Market 
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Copyright information

© Springer-Verlag 1981

Authors and Affiliations

  • A. H. Zemanian
    • 1
  1. 1.State University of New YorkStony BrookU.S.A.

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