ISSN 2284-7995, ISSN Online 2285-3952
 

CONCURRENCY AND DISTRIBUTION IN ECONOMIC MARKETS: MODEL DESCRIPTION

Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 24 ISSUE 2
Written by Dumitrel-Victor TIȚA, Nicolae BOLD, Daniel NIJLOVEANU, Doru Anastasiu POPESCU, Mirela-Georgiana MATEI, Claudia-Ionela TRUȘCĂ

Economic markets can be modeled using a system-based approach. In an economic system, agents have complex behavioural patterns, two of the most important being concurrency and cooperation. In this paper, we present a model of an economic system that integrates the dual characteristic of economic system. On one hand, the concurrent characteristic is modeled using Petri nets and focuses on determining the agent behavioural patterns in the system related to the resources distribution and market share. On the other hand, the cooperation characteristic is related to the determination of an agent that can influence the market behaviour, using a model based on Leader Election. In this matter, the concurrency between agents is integrated with market coordination, useful in contexts as quality standard establishment or collective issues. The context of the model related to distribution can be further developed, especially related to agrifood chains in economic markets, by establishing a classification of the agents of the economic market, useful for a vertical integration of the market.

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TITA D.V., BOLD N., NIJLOVEANU D., POPESCU D.A., MATEI M.G., TRUSCA C.I. 2024, CONCURRENCY AND DISTRIBUTION IN ECONOMIC MARKETS: MODEL DESCRIPTION. Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 24 ISSUE 2, PRINT ISSN 2284-7995, 925-932.

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© 2019 To be cited: Scientific Papers. Series “Management, Economic Engineering in Agriculture and Rural Development“.

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