Nikolaevich, Yatsenko Roman; Balykov Oleksiy G. - In: The Problems of Economy (2013) 3, pp. 352-358
The article presents a simulation cobweb model of price formation with delayed supply. It considers cases with absence and availability of random factors. Randomness is presented in the model as a concept of games with nature with the use of Markov chains. The article studies activity of the...