Bifurcations in a multicomponent Walras-type system under lack of information

Bifurcations in a multicomponent Walras-type system under lack of information

We consider a Walras-type equilibrium model with a supply function specified by A. A. Shananin. In order to investigate a stability of market equilibrium under lack of information we develop a distributed model where price becomes discrete space variable. A bifurcation analysis allows us to examine a...

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Bibliographic Details
Main Author: Anna S Pivovarova
Format: Article
Language:English
Published: Samara State Technical University 2012-06-01
Series:Vestnik Samarskogo Gosudarstvennogo Tehničeskogo Universiteta. Seriâ: Fiziko-Matematičeskie Nauki
Subjects:
walras equilibrium model
distributed dynamical system
bifurcation analysis
stability of asymptotic solutions
stability of market equilibrium
Online Access:https://journals.eco-vector.com/1991-8615/article/viewFile/20913/17172

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https://journals.eco-vector.com/1991-8615/article/viewFile/20913/17172

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