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In this paper, I endeavour to construct a new model, by extending the classic exogenous economic growth model by including a measurement which tries to explain and quantify the size of technological innovation ( A ) endogenously. I do not…

计量经济学 · 经济学 2018-05-03 Murad Kasim

In this paper we use a dynamic programming approach to analytically solve an endogenous growth model with internal habits where the key parameters describing their formation, namely the intensity, persistence and lag structure (or memory),…

最优化与控制 · 数学 2014-04-02 Emmanuelle Augeraud-Veron , Mauro Bambi , Fausto Gozzi

Economic growth is unpredictable unless demand is quantified. We solve this problem by introducing the demand for unpaid spare time and a user quantity named human capacity. It organizes and amplifies spare time required for enjoying…

综合金融 · 定量金融 2012-06-13 Hans G. Danielmeyer , Thomas Martinetz

We formulate a continuous-time competitive equilibrium model of irreversible capacity investment in which a continuum of heterogeneous producers supplies a single non-durable good subject to exogenous stochastic demand. Each producer…

概率论 · 数学 2025-12-04 Constantinos Kardaras , Alexandros Pavlis , Mihail Zervos

This paper aims to introduce a concept of an equilibrium point of a dynamical system which will call it almost global asymptotically stable. A biological prey-predator model is also analyzed with a modification function growth in prey…

最优化与控制 · 数学 2020-05-27 Sadiq Al-Nassir

In this paper, we establish multiple closed-form solutions for all the variables in the Lucas-Uzawa model with externalities for the case with no parameter restrictions as well as for cases with specific parameter restrictions. These…

最优化与控制 · 数学 2017-10-19 R. Naz , A. Chaudhry

We present some existence results for three-dimensional quasistatic morphoelasticity. The state of the growing body is described by its deformation and the underlying growth tensor and is ruled by the interplay of hyperelastic energy…

偏微分方程分析 · 数学 2021-11-23 Elisa Davoli , Katerina Nik , Ulisse Stefanelli

We prove existence and uniqueness of stochastic equilibria in a class of incomplete continuous-time financial environments where the market participants are exponential utility maximizers with heterogeneous risk-aversion coefficients and…

综合金融 · 定量金融 2010-06-02 Gordan Zitkovic

We consider dynamic stochastic economies with heterogeneous agents and introduce the concept of uniformly self-justified equilibria (USJE) -- temporary equilibria for which forecasts are best uniform approximations to a selection of the…

理论经济学 · 经济学 2021-12-30 Felix Kubler , Simon Scheidegger

Stochastic differential equations have proved to be a valuable governing framework for many real-world systems which exhibit ``noise'' or randomness in their evolution. One quality of interest in such systems is the shape of their…

动力系统 · 数学 2025-02-04 David Sabin-Miller , Daniel M. Abrams

We study solutions of a Euclidean weighted porous medium equation when the weight behaves at spacial infinity like $|x|^{-\gamma}$, for $\gamma\in [0,2)$, and is allowed to be singular at the origin. In particular we show local-in-time…

偏微分方程分析 · 数学 2022-06-22 Matteo Muratori , Troy Petitt

We study equilibrium configurations of swarming biological organisms subject to exogenous and pairwise endogenous forces. Beginning with a discrete dynamical model, we derive a variational description of the corresponding continuum…

斑图形成与孤子 · 物理学 2010-08-06 Andrew J. Bernoff , Chad M. Topaz

We address a novel approach for stochastic individual-based modelling of a single species population. Individuals are distinguished by their remaining lifetimes, which are regulated by the interplay between the inexorable running of time…

种群与进化 · 定量生物学 2021-01-08 Luis R. T. Neves , Leonardo Paulo Maia

We consider an optimal control problem arising in the context of economic theory of growth, on the lines of the works by Skiba (1978) and Askenazy - Le Van (1999). The economic framework of the model is intertemporal infinite horizon…

最优化与控制 · 数学 2014-09-05 Francesco Bartaloni

We analyse a non-local parabolic integro-differential equation modelling the evolutionary dynamics of a phenotypically-structured population in a changing environment. Such models arise in a variety of contexts from climate change to…

偏微分方程分析 · 数学 2024-07-16 Manh Hong Duong , Fabian Spill , Blaine van Rensburg

We extend the construction of equilibria for linear-quadratic and mean-variance portfolio problems available in the literature to a large class of mean-field time-inconsistent stochastic control problems in continuous time. Our approach…

最优化与控制 · 数学 2021-10-01 Jiang Yu Nguwi , Nicolas Privault

The goal of this work is to study a model of the wave equation with dynamic boundary conditions and a viscoelastic term. First, applying the Faedo-Galerkin method combined with the fixed point theorem, we show the existence and uniqueness…

偏微分方程分析 · 数学 2013-05-06 Stéphane Gerbi , Belkacem Said-Houari

We propose and study a stochastic capital-labour model with logistic growth function. First, we show that the model has a unique positive global solution. Then, using the Lyapunov analysis method, we obtain conditions for the extinction of…

概率论 · 数学 2022-10-03 Houssine Zine , Jaouad Danane , Delfim F. M. Torres

In the context of a large class of stochastic processes used to describe the dynamics of wealth growth, we prove a set of inequalities establishing necessary and sufficient conditions in order to avoid infinite wealth concentration. These…

理论经济学 · 经济学 2023-03-02 Valerio Astuti

This paper investigates the competition of two species in a heterogeneous environment subject to the effect of harvesting. The most realistic harvesting case is connected with the intrinsic growth rate, and the harvesting functions are…

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