Haotični model rasta profita u proizvodnji poljoprivrednih mašina / A chaotic profit growth model in the agricultural machines production
2012
Jablanović, Vesna D. (Poljoprivredni fakultet, Beograd-Zemun (Srbija). Institut za agroekonomiju)
The basic aim of this paper is to provide a relatively simple profit growth model in the agricultural machines production that is capable of generating stable equilibria, cycles, or chaos. A key hypothesis of this work is based on the idea that the coefficient p = f (a - d) plays a crucial role in explaining local stability of the profit in the agricultural machines production, where a is the coefficient of the total revenue function, d is the coefficient in the total cost function in the agricultural machines production, and the coefficient f describes the relation between total output and profit.
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