Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1892863 | Chaos, Solitons & Fractals | 2013 | 7 Pages |
Abstract
A continuously distributed time lag is considered in a monopoly where the time window of past data is bounded from below and its length is fixed. The dynamic behavior of the resulting system is described by a special delayed differential equation with infinite spectrum. The location of the stability switch is determined and a simple rule is developed to determine which ones lead to the loss of stability or the regaining of stability. A simple computer example illustrates the theoretical findings. The distribution delay with finite time lag may be considered as an intermediate case between a finite fixed delay and an infinitely distributed delay, as is usually proposed in the existing literature.
Related Topics
Physical Sciences and Engineering
Physics and Astronomy
Statistical and Nonlinear Physics
Authors
Akio Matsumoto, Carl Chiarella, Ferenc Szidarovszky,