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Codimension-two border collision bifurcation in a two-class growth model with optimal saving and switch in behavior
Authors:Sushko  Iryna  Commendatore  Pasquale  Kubin  Ingrid
Institution:1.Institute of Mathematics, NASU, 3 Tereshchenkivska St., Kyiv, Ukraine
;2.Kyiv School of Economics, 92-94 Dmytrivska St., Kyiv, Ukraine
;3.Department of Law, University of Naples ‘Federico II’, Via Mezzocannone 16, 80134, Naples, Italy
;4.Vienna University of Economics and Business Administration, Welthandelsplatz 1 Building D4, 1020, Vienna, Austria
;
Abstract:Nonlinear Dynamics - We consider a two-class growth model with optimal saving and switch in behavior. The dynamics of this model is described by a two-dimensional (2D) discontinuous map. We obtain...
Keywords:
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