Supply based on demand dynamical model

•A supply model in uncertainty of demand forecast is proposed.•The model allows to study several supplier strategies.•It is shown that small changes in price elasticity lead to very different dynamics.•The model shows chaotic behavior for a wide range of parameters.•The proposed model is able to rep...

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Bibliographische Detailangaben

Veröffentlicht in:	Communications in nonlinear science & numerical simulation 2018-04, Vol.57, p.402-414
Hauptverfasser:	Levi, Asaf, Sabuco, Juan, Sanjuán, Miguel A.F.
Format:	Artikel
Sprache:	eng
Schlagworte:	Demand Dynamical systems Markets Mathematical models Parameter uncertainty Uncertainty
Online-Zugang:	Volltext
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