Title :
Imitation modeling of compatitive market equilibrium
Author :
Bardavelidze, Khatuna ; Bardavelidze, Avtandil
Author_Institution :
Dept. of Comput. Eng., Georgian Tech. Univ., Tbilisi, Georgia
Abstract :
This paper is about questions of the computer modeling of the influence hypothesis for demand and supply at the dynamic of market equilibrium prices. By result of competitive market is worked out mathematical model, on which base composed functional scheme. By means of functional scheme of market equilibrium and mathematical model is composed system computer model Simulink as block-scheme. Automatization of experiments is carried out by MatLab program. With changing of model parameters is conducted analysis of influence of demand and supply at the market equilibrium.
Keywords :
marketing; microeconomics; pricing; supply and demand; MatLab program; Simulink; compatitive market equilibrium; computer modeling; demand-and-supply; functional scheme; goods delivery; imitation modeling; market equilibrium prices; market price dynamics; market transient process character; marketing policy; mathematical model; state market equilibrium stability; Analytical models; Computational modeling; Computers; MATLAB; Mathematical model; Switches; compatitive market; computer and functional model; imitation model; market equlibrium; mathematical model; supply and demand;
Conference_Titel :
Application of Information and Communication Technologies (AICT), 2012 6th International Conference on
Conference_Location :
Tbilisi
Print_ISBN :
978-1-4673-1739-9
DOI :
10.1109/ICAICT.2012.6398532
