ON A DYNAMIC HEREDITARITY SYSTEM THAT SIMULATES THE ECONOMIC CYCLE
Journal Title: Вестник КРАУНЦ. Физико-математические науки - Year 2016, Vol 2, Issue
Abstract
The paper presents a mathematical model that generalizes the famous Kondratiev cycles model (model Dubovskiy) used to predict economic crises. This generalization is to integrate the memory effect, which occurs frequently in the economic system. With the help of numerical methods, to receive a generalized model, according to which the phase paths have been built.
Authors and Affiliations
Danil Makarov
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