Convergence of global solutions to the Cauchy problem for the replicator equation in spatial economics (Q1677667)
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scientific article; zbMATH DE number 6806261
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| English | Convergence of global solutions to the Cauchy problem for the replicator equation in spatial economics |
scientific article; zbMATH DE number 6806261 |
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Convergence of global solutions to the Cauchy problem for the replicator equation in spatial economics (English)
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13 November 2017
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Summary: We study the initial-value problem for the replicator equation of the \(N\)-region Core-Periphery model in spatial economics. The main result shows that if workers are sufficiently agglomerated in a region at the initial time, then the initial-value problem has a unique global solution that converges to the equilibrium solution expressed by full agglomeration in that region.
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global solutions
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Cauchy problem
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replicator equation
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spatial economics
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0.805550754070282
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0.7960960865020752
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0.7865396738052368
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0.7326769232749939
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