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Increase in Equilibrium Price by Fast Oscillations
Author(s) -
Babar Ahmad,
Khalid Iqbal Mahr
Publication year - 2014
Publication title -
journal of nonlinear dynamics
Language(s) - English
Resource type - Journals
eISSN - 2356-7503
pISSN - 2314-6893
DOI - 10.1155/2014/593254
Subject(s) - oscillation (cell signaling) , work (physics) , harmonic , physics , zero (linguistics) , harmonic oscillator , classical mechanics , mechanics , mathematics , mathematical analysis , thermodynamics , chemistry , quantum mechanics , biochemistry , linguistics , philosophy
The dynamics of a market can be described by a differentialequation. 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

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