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Market environment concept problem

1
i have this problem to solve but not sure how to go about it.can anyone help me please.


Environment = market
Concept one to many each have action buy and action sell
When multiple concepts enter the environment and all perform buy and sell
actions the demand or supply will drop. This will affect the environment and
the environment will alter its state to and change the rates based upon
demand and supply. This in turn will result in the buying pattern of the
concepts becoming unstable again and buy and sell patterns will change.
Now if I introduce a fuel concept into the same environment and this concept
alters the state of the environment because it communicates an increase in
fuel prices - this is called non-deterministic.

Hint - matrix mathematics and graph theory.
May 24 '06 #1
1 1729
PEB
1,418 Expert 1GB
i have this problem to solve but not sure how to go about it.can anyone help me please.


Environment = market
Concept one to many each have action buy and action sell
When multiple concepts enter the environment and all perform buy and sell
actions the demand or supply will drop. This will affect the environment and
the environment will alter its state to and change the rates based upon
demand and supply. This in turn will result in the buying pattern of the
concepts becoming unstable again and buy and sell patterns will change.
Now if I introduce a fuel concept into the same environment and this concept
alters the state of the environment because it communicates an increase in
fuel prices - this is called non-deterministic.

Hint - matrix mathematics and graph theory.
Hi,

And what is your problem in fact? It seems that you do economics in university and you need to observe the offer and demand of a product like the fuel isn't it?

I'm afraid but my english is poor and your problem wasn't accessible to me!

Have a nice day!

:)
Sep 9 '06 #2

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