Increase in equilibrium price by fast oscillations

DOI10.1155/2014/593254MaRDI QIDQ1728952zbMATH OpenOpenAlexWikidataFDO

Authors Babar Ahmad, Khalid Iqbal Mahr

Publication date 27 February 2019

Published in Journal of Nonlinear Dynamics (Search for Journal in Brave)

Copyright license Creative Commons Attribution 3.0 Unported

Full work available at URL https://doi.org/10.1155/2014/593254

Mathematics Subject Classification ID

General equilibrium theory (91B50) Economic dynamics (91B55)

Review text

Summary: 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.

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Cites work

• An analysis of price impact function in order-driven markets
• An introduction to statistical finance
• Control of effective potential minima for Kapitza oscillator by periodical kicking pulses
• Introduction to Econophysics
• Role of noise in a market model with stochastic volatility
• The effect of Kapitza pendulum and price equilibrium

Cited in

(1)

• The effect of Kapitza pendulum and price equilibrium

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