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• W2085313606 abstract "This paper develops a price adjustment model for a single commodity market with state dependent production and storage delays. Conditions for the equilibrium price to be stable are derived in terms of a variety of economic parameters. When stability of the equilibrium price is lost a Hopf bifurcation occurs, giving rise to an oscillatory commodity price with a period between two and four times the equilibrium production-storage delay." @default.
• W2085313606 created "2016-06-24" @default.
• W2085313606 creator A5026791955 @default.
• W2085313606 date "1989-08-01" @default.
• W2085313606 modified "2023-09-24" @default.
• W2085313606 title "Commodity price fluctuations: Price dependent delays and nonlinearities as explanatory factors" @default.
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• W2085313606 doi "https://doi.org/10.1016/0022-0531(89)90039-2" @default.
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