econ mod pred prey

econ mod pred prey - Institute of Economic Studies, Faculty...

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Unformatted text preview: Institute of Economic Studies, Faculty of Social Sciences Charles University in Prague Goodwin's Predator Goodwin's Predator Goodwin's Predator Goodwin's Predator-Prey Prey Prey Prey Model with Endogenous Model with Endogenous Model with Endogenous Model with Endogenous Technological Progress Technological Progress Technological Progress Technological Progress Jan Kodera Miloslav Vosvrda IES Working Paper: 9/2007 Institute of Economic Studies, Faculty of Social Sciences, Charles University in Prague [UK FSV IES] Opletalova 26 CZ-110 00, Prague E-mail : ies@fsv.cuni.cz http://ies.fsv.cuni.cz Institut ekonomickch studi Fakulta socilnch vd Univerzita Karlova v Praze Opletalova 26 110 00 Praha 1 E-mail : ies@fsv.cuni.cz http://ies.fsv.cuni.cz Discl Discl Discl Disclaimer aimer aimer aimer: The IES Working Papers is an online paper series for works by the faculty and students of the Institute of Economic Studies, Faculty of Social Sciences, Charles University in Prague, Czech Republic. The papers are peer reviewed, but they are not edited or formatted by the editors. The views expressed in documents served by this site do not reflect the views of the IES or any other Charles University Department. They are the sole property of the respective authors. Additional info at: ies@fsv.cuni.cz Copyright Notice Copyright Notice Copyright Notice Copyright Notice: Although all documents published by the IES are provided without charge, they are licensed for personal, academic or educational use. All rights are reserved by the authors. Citations Citations Citations Citations: All references to documents served by this site must be appropriately cited. Bibliographic information Bibliographic information Bibliographic information Bibliographic information: Kodera, J., Vosvrda, M. (2007). Goodwin's Predator-Prey Model with Endogenous Technological Progress. IES Working Paper 9/2007. IES FSV. Charles University. This paper can be downloaded at: http://ies.fsv.cuni.cz Goodwin's Predator Goodwin's Predator Goodwin's Predator Goodwin's Predator-Prey Model with Prey Model with Prey Model with Prey Model with Endogenous Technological Progress Endogenous Technological Progress Endogenous Technological Progress Endogenous Technological Progress Jan Kodera Miloslav Vosvrda # # Centre for Economic Dynamics and Econometrics in Prague vosvrda@utia.cas.cz January 2007 Abstract: Abstract: Abstract: Abstract: Contemporary economics contains mainly two approaches for an explanation of fluctuations of economic activity indicators. The first approach expresses fluctuations as consequences of random external shocks. The second approach expresses fluctuations as a deterministic dynamical process producing more complex behaviour of the economic system. In our article both approaches are applied. A purpose of our paper is to re-formulate traditional Goodwin predator-prey model by including a specific differential equation describing technological progress in deterministic and/or stochastic way. A base of this system contains such variables in deterministic and/or stochastic way....
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This note was uploaded on 02/10/2012 for the course MTH 487 taught by Professor Jhonopera during the Spring '11 term at Cleveland State.

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econ mod pred prey - Institute of Economic Studies, Faculty...

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