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Zbl 1239.91093
Petrov, Lev F.
Nonlinear effects in economic dynamic models.
(English)
[J] Nonlinear Anal., Theory Methods Appl., Ser. A, Theory Methods 71, No. 12, e-Suppl., e2366-e2371 (2009). ISSN 0362-546X

Summary: We present a summary of nonlinear effects which are observed in the models of economic dynamics based on systems of ordinary differential equations. Effects observed in real economy are discussed; analogies to effects in nonlinear models of economic dynamics are drawn. As the primary direction definition of interdependence in models for realization not only qualitative, but also quantitative analysis is allocated.
MSC 2000:
*91B55
34C60 Applications of qualitative theory of ODE
37N40 Dynamical systems in optimization and economics

Keywords: nonlinear effects; economic dynamic models; inertia of economic and finance systems

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Scientific prize winners of the ICM 2010
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