Convergence to square waves for a price model with delay (Q2574731)
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| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Convergence to square waves for a price model with delay |
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Convergence to square waves for a price model with delay (English)
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30 November 2005
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The author considers a delay differential equation which models short-term prize fluctuations. He shows that periodic solutions of this equation approach a square wave if the involved parameter becomes large. The proof relies on the fact that the unstable manifold of the equilibrium tends to the periodic orbit.
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delay differential equation
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periodic solutions
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square wave
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limiting profile
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