Differential game model of the dynastic cycle: 3D-canonical system with a stable limit cycle

DOI10.1007/BF02207772zbMath0797.90132OpenAlexW2061862253MaRDI QIDQ1321475

Gustav Feichtinger, Andreas J. Novak

Publication date: 25 October 1994

Published in: Journal of Optimization Theory and Applications (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/bf02207772

zbMATH Keywords

Nash solutionHopf bifurcationsdynamic gamestable limit cycleopen- loop solutionspersistent cyclethree-dimensional canonical system

Mathematics Subject Classification ID

Differential games (aspects of game theory) (91A23) Economic growth models (91B62) Other game-theoretic models (91A40) History, political science (91F10)

Related Items (4)

Gustav Feichtinger celebrates his 70th birthday ⋮ Peak-to-peak dynamics in the dynastic cycle ⋮ Dynamic monopolistic competition. A steady-state analysis ⋮ A nonlinear dynamical model for the dynastic cycle.

Cites Work

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• Limit cycles in dynamic economic systems
• On the optimality of limit cycles in dynamic economic systems
• Nonlinear oscillations, dynamical systems, and bifurcations of vector fields
• The Hopf bifurcation and the existence and stability of closed orbits in multisector models of optimal economic growth
• A Collocation Solver for Mixed Order Systems of Boundary Value Problems

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