Detail publikace

Walras dynamic model with the influence of history

NOVOTNÁ, V. ŠKAPA, S.

Originální název

Walras dynamic model with the influence of history

Typ

článek ve sborníku ve WoS nebo Scopus

Jazyk

angličtina

Originální abstrakt

There are various models of social phenomena formulated in economics, to provide simplified descriptions of the investigated reality. These models enable the interpretation of certain theories, they form a link between theory and reality and allow experiments where experiments on real objects are uneconomical. Our paper demonstrates the possibility of using delay functional differential equations in modelling of market relationships. The aim of this paper is to analyse the behaviour of the Walras dynamic model taking into account the influence of history, applying modern methods of functional analysis. The application part shows the model construction for a real market and the results are presented graphically using Maple.

Klíčová slova

Walras model, Dynamic Modelling, Delay Differential Equations

Autoři

NOVOTNÁ, V.; ŠKAPA, S.

Vydáno

21. 5. 2018

Nakladatel

Ibima Publishing

Místo

Milano

ISBN

978-0-9998551-0-2

Kniha

Inovation Management and Education Excellence through Vision 2020

Strany od

884

Strany do

892

Strany počet

11

BibTex

@inproceedings{BUT147590,
  author="Veronika {Novotná} and Stanislav {Škapa}",
  title="Walras dynamic model with the influence of history",
  booktitle="Inovation Management and Education Excellence through Vision 2020",
  year="2018",
  pages="884--892",
  publisher="Ibima Publishing",
  address="Milano",
  isbn="978-0-9998551-0-2"
}