Abstract
The article is devoted to the application of the theory of fuzzy sets to the problem of determining certain characteristics of economic subjects of the economy. On the basis of fuzzy estimates of the function of excess demand, a modification of the Walrasian dynamic model of the single commodity market is presented. Estimates of the interval type of the equilibrium position of the model are obtained. The conditions for its stability are found, which represent a system of inequalities for the parameters of the model. The boundary value problem, equivalent in some sense to Walras’s usual dynamic model of the single commodity market with constant coefficients for adjusting the supply price, as well as the demand price, is studied. An approximate solution of this boundary-value problem is constructed with a guaranteed degree of accuracy. These results are carried over to the case of the considered modification of the interval type Valras model. The problem was set and solved to change the price of the commodity to the final moment of time.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: IOP Conference Series: Earth and Environmental Science
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
