A generalized logistic function and its applications

A generalized logistic function and its applications

In the present article, we deal with a generalization of the logistic function. Starting from the Riccati differential equation with constant coefficients, we find its analytical form and describe basic properties. Then we use the generalized logistic function for modeling some economic phenomena.

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Bibliographische Detailangaben
Veröffentlicht in:Foundations of management 2020-01, Vol.12 (1), p.85-92
Hauptverfasser: Rządkowski, Grzegorz, Sobczak, Lidia
Format: Artikel
Sprache:eng
Schlagworte:
Abonnement
applications
C53
Differential equations
Differentialgleichung
Economic models
generalized logistic function
Prognoseverfahren
Statistische Verteilung
Theorie
Time series
Zeitreihenanalyse
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Beschreibung
Zusammenfassung:In the present article, we deal with a generalization of the logistic function. Starting from the Riccati differential equation with constant coefficients, we find its analytical form and describe basic properties. Then we use the generalized logistic function for modeling some economic phenomena.
ISSN:2300-5661
2080-7279
2300-5661
DOI:10.2478/fman-2020-0007