Buffer stocks operation with different supply specification: A simulation analysis

David Bigman

Research output: Contribution to journalArticlepeer-review

1 Scopus citations


The paper examines, via simulation analysis the stabilizing effects of buffer stocks under different forms of supply functions, where each specification of the supply function represents a different expectational form about future prices. The analysis is carried out under different assumptions of the market structure allowing, in particular, for the effects of serial correlation. The paper concludes that the specific effects of buffer stocks strongly depends on the economic environment wuthin which they operate.

Original languageEnglish
Pages (from-to)77-87
Number of pages11
JournalMathematics and Computers in Simulation
Issue number1
StatePublished - 1 Jan 1982
Externally publishedYes

ASJC Scopus subject areas

  • Theoretical Computer Science
  • General Computer Science
  • Numerical Analysis
  • Modeling and Simulation
  • Applied Mathematics


Dive into the research topics of 'Buffer stocks operation with different supply specification: A simulation analysis'. Together they form a unique fingerprint.

Cite this