@article{valentinpau2008mathematical,
  title = {Mathematical Model of  Economic Forecasting and Analysis of the Market Competitive Mechanism},
  author = {Valentin Pau and  Marcel Stoica and Dan Nicolae
 },
  year = 2008,
  url = {https://ibimapublishing.com/articles/CIBIMA/2008/437145/},
  journal = {Communications of the IBIMA},
  volume = 2008 (2008),
  pages = 5,
  abstract = {The mathematical models of forecasting depend upon the managers conception regarding the actions development for long — term forecasting or for short — term forecasting. To this end, we distinguish two directions: an explorative one and a normative one. From the point of view of the investigating way, the methods and models of forecasting can be synthetic (aggregated) and morphologic, with a high disaggregating  degree. If we take into consideration the nature of information that can be exact, incomplete or uncertain, it results that also the worked out models can be: deterministic, fuzzy, respectively, probabilistic ones (hybrid models can exist too). The deterministic forecasting is restricted to a single variant. The  study presented in the paper is based on a deterministic hybrid model.},
  note = Article ID: 437145
}