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Journal of Automation and Information Sciences
SJR: 0.275 SNIP: 0.59 CiteScore™: 0.8

ISSN Imprimir: 1064-2315
ISSN En Línea: 2163-9337

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Journal of Automation and Information Sciences

DOI: 10.1615/JAutomatInfScien.v34.i8.70
14 pages

On Algorithm of Determination of Solutions in a Model of Isolated Economic System Under Presence of Monopolists

Andrey Ph. Makhort
N.N. Bogolyubov Institute of Theoretical Physics of National Academy of Sciences of Ukraine, Kyiv

SINOPSIS

An economic system under presence of monopolists, governed by a model of economy with constant interests of consumers, is studied. Existence of a strictly positive solution of nonlinear equations describing economic system is proved. An algorithm of constructing solutions suitable for computer realization is developed.


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