Stability of Analysis by New Disequilibrium Cobweb Model of Coal Supply and Demand
نویسندگان
چکیده
This paper is based on the analysis of the supply and demand of coal and the time lag between supply and demand, the economics cobweb model is applied to coal of supply and demand,establish a coal supply and demand disequilibrium cobweb model under the national macro-control to study the stability of price volatility.The second part is in the coal market of free competition, the use of non-equilibrium cobweb model for the stability of Shanxi Provinces coal supply and demand analysis shows that in free competition in the market, the coal supply is unstable, this same comparison differences in the findings of the original nonequilibrium cobweb cobweb model and new model, the new findings further indicate that the cobweb model is more accurate. On this basis, study the stability control of shanxis coal supply and demand situationin to show the government’s macroeconomic regulation plays a role in stabilizing of the supply and demand.
منابع مشابه
Analysis of the Anticipative Cobweb Model Dynamics
The cobweb model of competitive market dynamics has been examined in the form of system dynamics model. The classical formulation of the cobweb demand-supply model has been transformed in the set of equations suitable for system dynamics modelling. The model has been expanded by the time parameter ∆t which enables the stability analysis of the model for the change in the ∆t. The structure of th...
متن کاملExtension of Excavation Damaged Zone Due to Longwall Working Effect
In advance longwall mining, the safety of mine network, production rate, and consequently, economic conditions of a mine are dependent on the stability conditions of gate roadways. The gate roadway stability is a function of two important factors: 1) characteristics of the excavation damaged zone (EDZ) above the gate roadway and 2) loading effect due to the caving zone (CZ) above the longwall w...
متن کاملStability analysis of a cobweb model with market interactions
This paper explores the steady-state properties and the dynamic behavior of a generalization of the classical cobweb model. Under fairly general demand and cost functions, producers form naïve expectations about future prices and select their output so as to maximize expected profits. Unlike the traditional setup, producers have the choice between two markets, and tend to enter that which was m...
متن کاملResearch Article Complex Dynamics in a Nonlinear Cobweb Model for Real Estate Market
We establish a nonlinear real estate model based on cobweb theory, where the demand function and supply function are quadratic. The stability conditions of the equilibrium are discussed. We demonstrate that as some parameters varied, the stability of Nash equilibrium is lost through period-doubling bifurcation. The chaotic features are justified numerically via computing maximal Lyapunov expone...
متن کاملComplex Dynamics in a Nonlinear Cobweb Model for Real Estate Market
We establish a nonlinear real estate model based on cobweb theory, where the demand function and supply function are quadratic. The stability conditions of the equilibrium are discussed. We demonstrate that as some parameters varied, the stability of Nash equilibrium is lost through period-doubling bifurcation. The chaotic features are justified numerically via computing maximal Lyapunov expone...
متن کامل