We exploit a modified Rosenzweig-Mac Arthur ODE system in order to model a market in which innovative products are launched according to a growth function influenced by both producers and consumers. Interesting properties of the related dynamics, such as the uniqueness of a limit cycle, can easily be proved.

Dynamical analysis of a demand governed market in relation to innovative commodities

BARBIROLI, GIANCARLO;PALESTINI, ARSEN;RITELLI, DANIELE
2007

Abstract

We exploit a modified Rosenzweig-Mac Arthur ODE system in order to model a market in which innovative products are launched according to a growth function influenced by both producers and consumers. Interesting properties of the related dynamics, such as the uniqueness of a limit cycle, can easily be proved.
G. Barbiroli; A. Palestini; D. Ritelli
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11585/45870
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