About a mathematical model of market

In the paper a famous mathematical model of macroeconomics, which is called "market model" was considered. Traditional versions of this model have no periodic solutions and, therefore, they cannot describe a cyclic recurrence of the market economy. In the paper for the corresponding equati...

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Veröffentlicht in:	Journal of physics. Conference series 2017-01, Vol.788 (1), p.12024
1. Verfasser:	Kulikov, D A
Format:	Artikel
Sprache:	eng
Schlagworte:	Economic models Market economies Mathematical models Physics
Online-Zugang:	Volltext
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Beschreibung
Zusammenfassung:	In the paper a famous mathematical model of macroeconomics, which is called "market model" was considered. Traditional versions of this model have no periodic solutions and, therefore, they cannot describe a cyclic recurrence of the market economy. In the paper for the corresponding equation a delay was added. It allows obtaining sufficient conditions for existence of the stable cycles.
ISSN:	1742-6588 1742-6596
DOI:	10.1088/1742-6596/788/1/012024