Friddy multiagent price stabilization model
–arXiv.org Artificial Intelligence
Conventionally, the topic of currency price stabilization was always researched from a microeconomics point of view [22]. The research relies on supply demand, to as a control of price in the perspective of economics trend. In supply demand curves, if the price is higher than an equilibrium, then simply there is excess that means the price should move to closer to the equilibrium point. In our coin context equilibrium price, the quantity of Friddy coins sought by consumers is equal to the quantity of Friddy coins supplied in the network. And that also means no actors in the network has an incentive to alter price or quantity at the equilibrium. Naturally, in this case the price determined by a market mechanism, simply named the supply-demand theory.
arXiv.org Artificial Intelligence
Aug-11-2021
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