Mathematical modeling of an industrial firm in transient economy
I. G. Pospelov
Discrete Dynamics in Nature and Society, 2001, vol. 6, 1-8
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.
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:hin:jnddns:351286
DOI: 10.1155/S1026022601000346
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