On the structure and the qualitative behavior of an economic model

Advances in Difference Equations

Hamdy A El-Metwally¹ 

[1] Department of Mathematics, Rabigh College of Science and Arts, King Abdulaziz University, Rabigh, 21911

关键词: difference equations;    economic model;    boundedness;    global stability;   

DOI  :  10.1186/1687-1847-2013-169

学科分类：数学（综合）

来源: SpringerOpen

【 摘 要 】

In this paper, we build an economic model of a non-linear system of difference equations and present a qualitative study for the obtained model, where a mathematical model of a bounded rationality multiple game with an exponential demand function will be introduced, and then we obtain the equilibrium points of the model and classify if they are locally stable or not. Also, we investigate the boundedness and global convergence of solutions for the obtained system.

【 授权许可】

CC BY