Analysis on Price Affecting Factors in the Air Conditioner Market Using Cobweb Model
Author: 
Hanwen WangAuthors Info & Claims
Pages 176 - 183
Abstract
With the increase in the urbanization rate, the air conditioner is increasingly relevant to the urban residents’ living standards and the efficiency of production. Therefore, it is necessary to analyze the price fluctuations in the Chinese air conditioner market. This paper uses the data of the Chinese air conditioner market from 2005 to 2020 to regress the demand and supply function. This paper then constructs the cobweb model which includes price influencing factors to analyze the price fluctuation characters. The data sources are the National Bureau and the Wind database. The result shows that the price of the air conditioner is unstable and the macro-control of government is indispensable.
References
[1]
Jianghong Wu a, *, Chaopeng Liu a, Hongqi Li b, Dong Ouyang a, Jianhong Cheng c, Yuanxia Wang a, Shaofang You a Energy 119 (2017) 1036e1046, Residential air-conditioner usage in China and effificiency standardization.
[2]
Roberto Dieci a,*, Frank Westerhoff b, Applied Mathematics and Computation 215 (2009) 2011–2023, Stability analysis of a cobweb model with market interactions.
[3]
William A. Branch a,∗, Bruce McGough b,Journal of Economic Behavior & Organization Vol. 65 (2008) 224–244, Replicator dynamics in a Cobweb model with rationally heterogeneous expectations.
[4]
Allen, B., Doherty, A., Weigelt K., Mansfield, E. (2013) Managerial Economics, Theory, Application and Cases, 8th edition, W. W. Norton & Company, Inc, New York.
[5]
Hui Liu, Xiulan Wang, Productivity Research, 2012( 11) : 34 - 36, Analysis of price fluctuation of angelica sinica in China based on the cobweb model.
[6]
Yibo Yang, Gang Zong, Circular economy, 2013(06/04):7-11, The formation mechanism of price fluctuation of renewable resources based on the cobweb model.
[7]
Shuai Zhai, Yufei Yin, Research World, 2017(5): 11-17, The cobweb model analysis of influencing factors of real estate market price is based on the data of 6 provinces in central China.
[8]
National Bureau of Statistics, Statistical Bulletin on National Economic and Social Development, 2005-2020
[9]
Wind database, Chinese air conditioner production and sales situation, export situation and industry development trend analysis and forecast
Recommendations
Flow analysis inside tractor cabin for determining air conditioner vent location
Highlights- Simulation model was developed to evaluate the thermal comfort of agricultural tractor cabin.
AbstractIn this study, thermal comfort was simulated through flow analysis and the air conditioner vent location inside a tractor cabin was determined. The heating test of a tractor in an environmental chamber was performed to obtain ...
Survey on Air-Conditioner Using Habits of Dwellers in Guangzhou
CDCIEM '11: Proceedings of the 2011 International Conference on Computer Distributed Control and Intelligent Environmental MonitoringIt is well known that the real energy consumption of a room air-conditioner is greatly dependent on the way how it is used, i.e. the application behaviors. Such behaviors should be taken into account during air-conditioner design. Therefore, an air-...
System Design of Energy Use of Condensed Water about Household Air-Conditioner
ICEET '09: Proceedings of the 2009 International Conference on Energy and Environment Technology - Volume 01Through investigation and theoretical analysis, the author designed a condensed water system of Household Air-conditioner. Focus on how to solve droplets flow of condensed water of outdoor unit of household air conditioner. For the hot summer and cold ...
Comments
Please enable JavaScript to view thecomments powered by Disqus.Information & Contributors
Information
Published In
June 2021
188 pages
ISBN:9781450390217
DOI:10.1145/3471988
Copyright © 2021 ACM.
Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]
Publisher
Association for Computing Machinery
New York, NY, United States
Publication History
Published: 28 September 2021
Check for updates
Author Tags
Qualifiers
- Research-article
- Research
- Refereed limited
Conference
ICIEB'21
ICIEB'21: 2021 2nd International Conference on Internet and E-Business
June 9 - 11, 2021
Barcelona, Spain
Contributors
Other Metrics
Bibliometrics & Citations
Bibliometrics
Article Metrics
- 0Total Citations
- 28Total Downloads
- Downloads (Last 12 months)4
- Downloads (Last 6 weeks)2
Reflects downloads up to 30 Dec 2024
Other Metrics
Citations
View Options
Login options
Check if you have access through your login credentials or your institution to get full access on this article.
Sign inFull Access
View options
View or Download as a PDF file.
PDFeReader
View online with eReader.
eReaderHTML Format
View this article in HTML Format.
HTML Format