Global stability of a price model with multiple delays (Q727414)
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English | Global stability of a price model with multiple delays |
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Global stability of a price model with multiple delays (English)
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6 December 2016
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In this paper, the authors consider a delay differential equation which can be interpreted as a price model. They study the local and global stability of the unique, non-hyperbolic equilibrium point. The main result gives a sufficient condition for global asymptotic stability of the equilibrium. The region of attractivity is also estimated in case of local asymptotic stability.
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delay differential equation
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multiple delay
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global stability
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price model
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neutral equation
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