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Price Sector

The price setting subsystem for the commodity model.  Represents how market makers set prices through consideration of the demand/supply balance and expectations about the underlying value (expected equilibrium price) of the commodity.  See section 20.2.6.
This AnyLogic model is based on materials from the book "Business Dynamics: Systems Thinking and Modeling for a Complex World" by John Sterman, (c) 2000 McGraw Hill.

The model was created with AnyLogic - simulation software / Market modeling