Stohastic and Optimisation Models of Pricing in Eco- Economic System

Andrii Verstiak, Vasyl Grygorkiv, Mariia Grygorkiv

Abstract


The nonlinear deterministic and stochastic double-natured models of ecoeconomic balance are offered in this article. The proper deterministic equivalents of stochastic models are built. The constructed models can be used for forecasting price indexes in a multisectoral eco-economic system. The forecast of the price indexes allows controlling the price balances for timely reaction to changes in any constituent of the net output. From the point of view of the decision-making person, it allows optimising the process of pricing prognostication and its dynamics in environmental economics.

Keywords


environmental economics; pricing; intersectoral balanced models; inputoutput; stochastic model; optimisation model; eco-economic system

Full Text:

PDF


DOI: http://dx.doi.org/10.13165/IE-14-8-1-11

Article Metrics

Metrics Loading ...

Metrics powered by PLOS ALM

Refbacks

  • There are currently no refbacks.




"Intellectual Economics" ISSN online 1822-8038 / ISSN print 1822-8011