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Mathematical modeling of an industrial firm in transient economy

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  • I. G. Pospelov

Abstract

A behavior model of an industrial firm with a possibility of merchandising and purchasing of production on two channels, traditional and commercial, is given. The former is stable, but less profitable due to non-payments. The latter is profitable, but risky. The model describes different modes of firm operation depending on economic parameters. In such a model, firms have incentives to integrate in financial and industrial groups.

Suggested Citation

  • I. G. Pospelov, 2001. "Mathematical modeling of an industrial firm in transient economy," Discrete Dynamics in Nature and Society, Hindawi, vol. 6, pages 1-8, January.
    • Handle: RePEc:hin:jnddns:351286
    DOI: 10.1155/S1026022601000346
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