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By introducing a delay differential equation into a population model this paper attempts to show that an update on Malthus’s principle of population requires using new mathematical analyses involving oscillations around a stable attractor. Acceptance of the fact that Malthusian dynamic...
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This paper aims at showing how the use of the Dynamical Systems Theory (DST) has affected the thematic content of the traditional economic analysis either by fostering new theoretical developments or by making translation from economic language to mathematics more complete. To this end, we...
Persistent link: https://www.econbiz.de/10010823191
By introducing a delay differential equation into a population model this paper attempts to show that an update on Malthus’s principle of population requires using new mathematical analyses involving oscillations around a stable attractor. Acceptance of the fact that Malthusian dynamic...
Persistent link: https://www.econbiz.de/10010823254