Dynamics Analysis of a Class of Delayed Economic Model
This investigation aims at developing a methodology to establish stability and bifurcation dynamics generated by a class of delayed economic model, whose state variable is described by the scalar delay differential equation of the form d2p(t)/dt2=−μδ(p(t))(dp(t)/dt)−μbp(t−τ1) −μ(a0p(t−τ2)/(a1+p(t−τ2...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Hindawi Limited
2013-01-01
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Series: | Abstract and Applied Analysis |
Online Access: | http://dx.doi.org/10.1155/2013/962738 |