Unique Solutions of Some Recursive Equations in Economic Dynamics
نویسندگان
چکیده
We study unique and globally attracting solutions of a general nonlinear equation that has as special cases some recursive equations widely used in Economics. JEL classification: D81 , D91
منابع مشابه
On The Simulation of Partial Differential Equations Using the Hybrid of Fourier Transform and Homotopy Perturbation Method
In the present work, a hybrid of Fourier transform and homotopy perturbation method is developed for solving the non-homogeneous partial differential equations with variable coefficients. The Fourier transform is employed with combination of homotopy perturbation method (HPM), the so called Fourier transform homotopy perturbation method (FTHPM) to solve the partial differential equations. The c...
متن کاملUnguardedness mostly means many solutions
A widely accepted method to specify (possibly infinite) behaviour is to define it as the solution, in some process algebra, of a recursive specification, i.e., a system of recursive equations over the fundamental operations of the process algebra. The method only works if the recursive specification has a unique solution in the process algebra; it is well-known that guardedness is a sufficient ...
متن کاملExistence solutions for new p-Laplacian fractional boundary value problem with impulsive effects
Fractional differential equations have been of great interest recently. This is because of both the intensive development of the theory of fractional calculus itself and the applications of such constructions in various scientific fields such as physics, mechanics, chemistry, engineering, etc. Differential equations with impulsive effects arising from the real world describe the dyn...
متن کاملSpherically Symmetric Solutions in a New Braneworld Massive Gravity Theory
In this paper, a combination of the braneworld scenario and covariant de Rham-Gabadadze-Tolley (dRGT) massive Gravity theory is proposed. In this setup, the five-dimensional bulk graviton is considered to be massive. The five dimensional nonlinear ghost-free massive gravity theory affects the 3-brane dynamics and the gravitational potential on the brane. Following the solutions with spherical s...
متن کاملIntegrator Backstepping Control of a 5 DoF Robot Manipulator with Cascaded Dynamics
In this paper, dynamic equations of motion of a 5 DoF robot manipulator including mechanical arms with revolute joints and their electrical actuators are considered. The application of integrator backstepping technique for trajectory tracking in presence of parameters of uncertainty and disturbance is studied. The advantage of this control technique is that it imposes the desired properties of ...
متن کامل