An infinite continuous model which derives from a finite discrete model describing the time evolution of the density of firms. (Q1855113)
From MaRDI portal
scientific article
Language | Label | Description | Also known as |
---|---|---|---|
English | An infinite continuous model which derives from a finite discrete model describing the time evolution of the density of firms. |
scientific article |
Statements
An infinite continuous model which derives from a finite discrete model describing the time evolution of the density of firms. (English)
0 references
28 January 2003
0 references
The authors derive a continuous model from a discrete model describing the time evolution of the density of firms which attempt to relocate within a bounded domain in order to obtain higher desirability in business. They derive the continuous model by making use of a certain method frequently employed in statistical physics. Such a model is represented by a nonlinear integropartial differential equation called the master equation.
0 references
density of firms
0 references
nonlinear integropartial differential equation
0 references