|
A Model Dynamics of Interacting FirmsDOI: 10.7763/ijapm.2013.v3.194 Keywords: Asymptotic behavior , blowing-up solutions , dynamics of interacting companies , system of nonlinear ordinary differential equations Abstract: We deal with a system of nonlinear ordinary differential equations (ODEs), which models the dynamics of “immortality” of interacting companies. The system possesses blowing-up solutions. We determine the asymptotic behavior of these blowing-up solutions, and discuss the meaning in financial economics
|