arXiv subjects

A. L. Ciurdariu

Publications and source records attributed to A. L. Ciurdariu.

2 recordsLinked to original sources

arXiv2009

The analysis of the stochastic stability for an economic game

In this paper we investigate a stochastic model for an economic game. To describe this model we have used a Wiener process, as the noise has a stabilization effect. The dynamics are studied in terms of stochastic stability in the stationary state, by constructing the Lyapunov exponent, depending on the parameters that describe the model. Also, the Lyapunov function is determined in order to analyze the mean square stability. The numerical simulation that we did justifies the theoretical results.

math.DS↗

arXiv2009

An economic game with stochastic dynamics

In this paper we investigate a stochastic model for an economic game. To describe this model we have used a Wiener process, as the noise has a stabilization effect. The dynamics are studied in terms of stochastic stability in the stationary state, by constructing the Lyapunov exponent, depending on the parameters that describe the model. The numerical simulation that we did justifies the theoretical results.

math.DS↗