Publication detail

USE OF DELAY DIFFERENTIAL EQUATIONS IN DYNAMICAL ECONOMIC MODELS

NOVOTNÁ, V. PŮŽA, B.

Original Title

USE OF DELAY DIFFERENTIAL EQUATIONS IN DYNAMICAL ECONOMIC MODELS

Type

abstract

Language

English

Original Abstract

The aim of this paper is to introduce a new method of system solution construction of common delay differential equations and demonstrate its use on an example describing a nonlinear dynamical model of production, storage and sale of everyday consumer goods that respects the influence of historical values on present changes. This model can be used in production planning or as a part of models dealing with questions of cooperation or competition, on the contrary

Keywords

Cílem příspěvku je sesznámit čtenáře s novými metodami konstrukce řešení obyčejných diferenciálních rovnic se zpožděným argumentem a demonstrovat jej na úlohách z oblasti ekonomie.

Authors

NOVOTNÁ, V.; PŮŽA, B.

Released

24. 5. 2017

Publisher

Taras Shevchenko National University of Kyiv

Location

Kyjev

ISBN

978-617-517-127-9

Book

XVIII International Conference "Dynamical System Modeling and Stability Investigations"

Pages from

155

Pages to

155

Pages count

1

BibTex

@misc{BUT141722,
  author="Veronika {Novotná} and Bedřich {Půža}",
  title="USE OF DELAY DIFFERENTIAL EQUATIONS IN DYNAMICAL ECONOMIC MODELS",
  booktitle="XVIII International Conference {"}Dynamical System Modeling and Stability Investigations{"}",
  year="2017",
  pages="155--155",
  publisher="Taras Shevchenko National University of Kyiv",
  address="Kyjev",
  isbn="978-617-517-127-9",
  note="abstract"
}