Dynamic Modeling Economic Equilibrium with Maple
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14710%2F17%3A00094951" target="_blank" >RIV/00216224:14710/17:00094951 - isvavai.cz</a>
Alternative codes found
RIV/00216305:26510/17:PU126827
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Dynamic Modeling Economic Equilibrium with Maple
Original language description
Paper presents a modern approach to solution of mathematical models described by standard differential equations with delayed argument with using the Maple™ system. Currently, the library package with resources for differential equations with delay is built in the Maple system. We (briefly) discuss this advanced library package as another subgoal of this paper. There is presented a background for formulation of interactive numerical simulation-modeling of price speed of changes in time as a continuous dynamic model of the partial economic equilibrium (of the demand and supply) on the market with perfect competition. Naturally, we assume that in the market economy change of variables is dependent on the variables values, which was achieved in the past. Standard differential equations with delay can describe the time development of real phenomena more precisely. In the case study, we designed an interactive Maplet that visualizes computational simulation.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50600 - Political science
Result continuities
Project
<a href="/en/project/GA16-03796S" target="_blank" >GA16-03796S: Development of new methods of solving dynamic models of corporate processes management</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
35th International Conference Mathematical Methods in Economics. MME 2017
ISBN
9788074356780
ISSN
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e-ISSN
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Number of pages
6
Pages from-to
265-270
Publisher name
University of Hradec Králové
Place of publication
Hradec Králové
Event location
Hradec Králové
Event date
Sep 13, 2017
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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