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https://er.nau.edu.ua/handle/NAU/43439| Title: | Optimal Price Choice through Buyers’ Preferences Entropy |
| Authors: | Goncharenko, Andriy Viktorovich |
| Keywords: | mathematical model option economic activity subjective preference entropy |
| Issue Date: | 14-Jun-2020 |
| Publisher: | National Aviation University |
| Citation: | Goncharenko A. V. Optimal Price Choice through Buyers’ Preferences Entropy [video] / A. V. Goncharenko // The 2020 10th International Conference on Advanced Computer Information Technologies. Deggendorf, GERMANY. – 14 June, 2020. – 15:45 minutes. NAU Electronic Repository. |
| Abstract: | This paper goal is to investigate theoretically an optimality of the buyer and seller conflict solution. The entropy approach is proposed. It allows taking into account the uncertainty of the preferences distributions. Illustrative numerical example is presented. Necessary diagrams are plotted. |
| Description: | The entropy approach helps finding the optimal solutions in conflict situations between buyers and sellers. For the purposes of mathematical models of objects and processes as well as information in economic activity and digital business modeling, it is useful to take into consideration that conflict, as an everlasting contradiction, is the primary reason and origin of the eternal, any kind of form, matter motion. Conflict is the matter’s indispensable property making incentives for the existing reality to evolve under the influence of the preferences. |
| URI: | http://er.nau.edu.ua/handle/NAU/43439 |
| Appears in Collections: | Presentations by the Department Staff |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| Video_paper_58.mp4 | Optimal Price Choice through Buyers’ Preferences Entropy [video] / A. V. Goncharenko // The 2020 10th International Conference on Advanced Computer Information Technologies. Deggendorf, GERMANY | 49.4 MB | Video (MP4) | View/Open |
| Goncharenko_A_V_References.doc | References | 230.5 kB | Microsoft Word | View/Open |
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