On the Scarf-Hirota model in the price-scaled price adjustment process

Tatsuro Yamamoto; Masanari Asano; Yoshio Togawa; Masanori Ohya

On the Scarf-Hirota model in the price-scaled price adjustment process

Dynamical Systems 2008-02-19 v1

Authors: Tatsuro Yamamoto , Masanari Asano , Yoshio Togawa , Masanori Ohya

Abstract

Hirota's results given in (Hirota.M.,1981) on the asymptotically stability are generalized to the price-scaled price adjustment process.

Keywords

scarf-hirota model price-scaled price adjustment process asymptotic stability dynamical systems economic dynamics

Cite

@article{arxiv.0802.2413,
  title  = {On the Scarf-Hirota model in the price-scaled price adjustment process},
  author = {Tatsuro Yamamoto and Masanari Asano and Yoshio Togawa and Masanori Ohya},
  journal= {arXiv preprint arXiv:0802.2413},
  year   = {2008}
}