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Fujimoto, T., Li, M. and Mossay, P. (2010) Pulsating equilibria: stability through migration. In: Discrete Dynamics and Difference Equations - Proceedings of the Twelfth International Conference on Difference Equations and Applications. World Scientific Publishing, pp. 248-257. doi: 10.1142/9789814287654_0019
Abstract/Summary
This paper is to present a model of spatial equilibrium using a nonlinear generalization of Markov-chain type model, and to show the dynamic stability of a unique equilibrium. Even at an equilibrium, people continue to migrate among regions as well as among agent-types, and yet their overall distribution remain unchanged. The model is also adapted to suggest a theory of traffic distribution in a city.
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| Additional Information | Proceedings of the Twelfth International Conference on Difference Equations and Applications, Lisbon, Portugal, 23 – 27 July 2007 |
| Item Type | Book or Report Section |
| URI | https://reading-clone.eprints-hosting.org/id/eprint/33758 |
| Identification Number/DOI | 10.1142/9789814287654_0019 |
| Refereed | Yes |
| Divisions | No Reading authors. Back catalogue items Arts, Humanities and Social Science > School of Politics, Economics and International Relations > Economics |
| Uncontrolled Keywords | Indecomposability; Nonlinear Positive Mappings; Primitivity; Spatial Equilibrium; Stability; Traffic Network |
| Additional Information | Proceedings of the Twelfth International Conference on Difference Equations and Applications, Lisbon, Portugal, 23 – 27 July 2007 |
| Publisher | World Scientific Publishing |
| Download/View statistics | View download statistics for this item |
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