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Matlab Simulations of Dynamic Pricing on the Market of a Product Models

Author

Listed:
  • Corina SBUGHEA

    (Dunarea de Jos University of Galati, Romania)

Abstract

This paper aims to illustrate the dynamic models of prices adjustment on a product market, such as Kaldor classic model and Extended Kaldor model with adaptive expectations, using simulations achieved by Matlab programming language. This way price trajectories will be plotted, using multiple sets of input data.

Suggested Citation

  • Corina SBUGHEA, 2015. "Matlab Simulations of Dynamic Pricing on the Market of a Product Models," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 2, pages 5-10.
    • Handle: RePEc:ddj:fseeai:y:2015:i:2:p:5-10
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