A Generalized Logistic Function and Its Applications

Rządkowski Grzegorz () and Sobczak Lidia ()
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Sobczak Lidia: Warsaw University of Technology, Faculty of Management, Warsaw, POLAND

Foundations of Management, 2020, vol. 12, issue 1, 85-92

Abstract: In the present article, we deal with a generalization of the logistic function. Starting from the Riccati differential equation with constant coefficients, we find its analytical form and describe basic properties. Then we use the generalized logistic function for modeling some economic phenomena.

Keywords: generalized logistic function; time series; applications (search for similar items in EconPapers)
JEL-codes: C53 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:founma:v:12:y:2020:i:1:p:85-92:n:16

DOI: 10.2478/fman-2020-0007

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