Garab Ábel
(SZTE Bolyai Intézet)
Global stability of a price model with multiple delays
Absztrakt:
We study the local and global stability of the unique, non-hyperbolic equilibrium point of a price model with multiple delay. The main result gives a sufficient condition for global asymptotic stability of the equilibrium. The region of attractivity is also estimated in case of local asymptotic stability.
We study the local and global stability of the unique, non-hyperbolic equilibrium point of a price model with multiple delay. The main result gives a sufficient condition for global asymptotic stability of the equilibrium. The region of attractivity is also estimated in case of local asymptotic stability.
