Dependence of prices (negative voltages) and currents in the three-node system shown in Fig 5 as the production (supply) price at node k is ramped down over time from $50 to $45, with consumption (demand) prices held constant at $70.

<p>As in <a href="http://www.plosone.org/article/info:doi/10.1371/journal.pone.0326102#pone.0326102.t001" target="_blank">Table 1</a>, abbreviations for electrical units are used to represent the corresponding economic quantities. In frames (a)–(d), the solid, d...

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Bibliographic Details
Main Author:	P.A. Robinson (7160618) (author)
Other Authors:	Alexander McInnes (21560331) (author), Najmeh Sajedianfard (21560334) (author), Mark Melatos (21560337) (author), James A. Henderson (286309) (author)
Published:	2025
Subjects:	Ecology Science Policy Infectious Diseases Biological Sciences not elsewhere classified Mathematical Sciences not elsewhere classified Physical Sciences not elsewhere classified emergent global outcome electric circuit analogy analysis also implies purely local dynamics represents trade friction real trade networks minimize trade friction spatiotemporal trade dynamics yielding exponents consistent voltage difference across electrical circuit model trade flows self trade dynamics trade network trade links international trade dependent trade xlink "> thereby supporting spatial locations results prove published data possible generalizations periphery structure new model network structure mechanistic basis market prices leading naturally internal balances including incorporation generalized elasticities formulated via determined indirectly capacity limits behavioral responses
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Dependence of prices (negative voltages) and currents in the three-node system shown in Fig 5 as the production (supply) price at node k is ramped down over time from $50 to $45, with consumption (demand) prices held constant at $70.

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