A Model of Random Sales
- Authors: Pospelov I.G.1
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Affiliations:
- Federal Research Center “Computer Science and Control”
- Issue: Vol 103, No 3-4 (2018)
- Pages: 453-465
- Section: Article
- URL: https://journal-vniispk.ru/0001-4346/article/view/150681
- DOI: https://doi.org/10.1134/S0001434618030112
- ID: 150681
Cite item
Abstract
It is shown by using a model that even a minor change in prices made by the seller is sufficient to coordinate the actions of independent purchasers so that they act as a single economic agent pursuing the aim of maximizing the effective utility function.
About the authors
I. G. Pospelov
Federal Research Center “Computer Science and Control”
Author for correspondence.
Email: posepeli@yandex.ru
Russian Federation, Moscow
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