Table of Contents
Journal of Nonlinear Dynamics
Volume 2014 (2014), Article ID 593254, 8 pages
http://dx.doi.org/10.1155/2014/593254
Research Article

Increase in Equilibrium Price by Fast Oscillations

1COMSATS Institute of Information Technology, Islamabad 44000, Pakistan
2Muhammad Ali Jinnah University, Islamabad 44000, Pakistan

Received 15 January 2014; Revised 25 April 2014; Accepted 25 April 2014; Published 20 May 2014

Academic Editor: Ivo Petras

Copyright © 2014 Babar Ahmad and Khalid Iqbal Mahr. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Abstract

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.