• DocumentCode
    2547386
  • Title

    Construction and nonlinear dynamic analysis of nonlinear dynamic price model

  • Author

    Bai, Bin ; Wang, Hongli ; Han, Hongchen

  • Author_Institution
    School of Management, Tianjin University, Tianjin, P. R. China
  • fYear
    2009
  • fDate
    21-23 Oct. 2009
  • Firstpage
    1705
  • Lastpage
    1709
  • Abstract
    A nonlinear dynamic price model considering the nonlinear factors between supply and demand was constructed in this paper. And the meanings of each parameters in the model were explained. By using nonlinear dynamic analysis, the system stability conditions were obtained from the analysis of the model. By numerical simulation of the model with MATLAB, the influence of different parameters on the system stability was obtained, in which the effect of different parameters on the system states was also considered.
  • Keywords
    Cost function; Electronic mail; Engineering management; MATLAB; Mathematical model; Mechanical engineering; Nonlinear dynamical systems; Numerical simulation; Stability analysis; Supply and demand; Nonlinear dynamic analysis; price model; simulation; stability;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Industrial Engineering and Engineering Management, 2009. IE&EM '09. 16th International Conference on
  • Conference_Location
    Beijing, China
  • Print_ISBN
    978-1-4244-3671-2
  • Electronic_ISBN
    978-1-4244-3672-9
  • Type

    conf

  • DOI
    10.1109/ICIEEM.2009.5344335
  • Filename
    5344335