Structural stability as a modeling instrument in spatial economics (Q920821): Difference between revisions
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Revision as of 18:37, 19 March 2024
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English | Structural stability as a modeling instrument in spatial economics |
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Structural stability as a modeling instrument in spatial economics (English)
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1988
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The author takes the methodological point of view that a model should exhibit structural stability in order to be capable of explaining real- world phenomena. This implies that in constructing models structural stability is to be taken into account as a prerequisite. In this sense it is a modeling instrument. These insights are applied to a model of a spatial economy. Structural stability imposes an additional structure on the equations of the model.
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structural stability
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