Increase in Equilibrium Price by Fast Oscillations. (20th May 2014)

• Record Type: Journal Article
• Authors: Ahmad, Babar; Mahr, Khalid Iqbal
• Other Names: Petras Ivo Academic Editor.
• Is Part Of: Journal of nonlinear dynamics. Volume 2014(2014)
• Publication Date: 2014-05-20
• Subjects: Nonlinear theories -- Periodicals; Dynamics -- Periodicals; Dynamics; Nonlinear theories; Periodicals; 531.11
• DOI: 10.1155/2014/593254
• Languages: English
• ISSNs: 2356-7503

Abstract

Abstract : The dynamics of a market can be described by a differential equation. Using the concept of fast oscillation, the system (typical market) can also oscillate around a new equilibrium price, with an increase. Previously that increase was established by applying harmonic force. In present work, harmonic force is replaced by an arbitrary periodic force with zero mean. Hence the increase in equilibrium price can be controlled by varying the external arbitrary periodic force.