paper

The Merchandising Mathematician Model

arXiv:cond-mat/0102174

Abstract

A simple model of a buying-selling cycle is proposed. The model comprises two moves: a rational buying and a random selling. The notion of a profit intensity is introduced. Supply and demand curves and geometrical interpretation are discussed in this context.

11 pages, LaTeX, no special macros

The Merchandising Mathematician Model · wovepaper