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Author: Leonid Galchinsky

Affiliation: National Technical Universiry of Ukrain, Ukraine

ISBN: 978-989-8565-10-5

Keyword(s): Multi-Agent Models, Oligopolistic Market, Asymmetry in Prices, Tacit Collusion, Petroleum Products, Price Stabilization.

Related Ontology Subjects/Areas/Topics: Agents ; Artificial Intelligence ; Artificial Intelligence and Decision Support Systems ; Computational Intelligence ; Distributed and Mobile Software Systems ; Enterprise Information Systems ; Evolutionary Computing ; Game Theory Applications ; Knowledge Engineering and Ontology Development ; Knowledge-Based Systems ; Multi-Agent Systems ; Soft Computing ; Software Engineering ; Strategic Decision Support Systems ; Symbolic Systems

Abstract: The problem of developing of multi-agent models of stability in market prices of petroleum products is presented. The problem of price stabilization occurs due to external factors: the result of sudden changes of crude oil on world markets or exchange rate changes. In addition the market price dynamics is also influenced by internal factors such tacit collusion sellers. Shown the theoretical possibility to reduce of asymmetry in prices through the use stabilization fund of petroleum products, which the public body can use at the moment when there is a of price jump through the sale of petroleum products by stable prices.

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Paper citation in several formats:
Galchinsky, L. (2012). Multiagent Model of Stabilizing of Petroleum Products Market.In Proceedings of the 14th International Conference on Enterprise Information Systems - Volume 1: ICEIS, ISBN 978-989-8565-10-5, pages 314-317. DOI: 10.5220/0003972203140317

@conference{iceis12,
author={Leonid Galchinsky.},
title={Multiagent Model of Stabilizing of Petroleum Products Market},
booktitle={Proceedings of the 14th International Conference on Enterprise Information Systems - Volume 1: ICEIS,},
year={2012},
pages={314-317},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0003972203140317},
isbn={978-989-8565-10-5},
}

TY - CONF

JO - Proceedings of the 14th International Conference on Enterprise Information Systems - Volume 1: ICEIS,
TI - Multiagent Model of Stabilizing of Petroleum Products Market
SN - 978-989-8565-10-5
AU - Galchinsky, L.
PY - 2012
SP - 314
EP - 317
DO - 10.5220/0003972203140317

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