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Pulsating equilibria: stability through migration

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.

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To link to this item 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.

Item Type:Book or Report Section
Refereed:Yes
Divisions:No Reading authors. Back catalogue items
Faculty of Arts, Humanities and Social Science > School of Politics, Economics and International Relations > Economics
ID Code:33758
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

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