One-Dimensional, First-Order Systems

Oded Galor

Chapter Chapter 1 in Discrete Dynamical Systems, 2007, pp 1-26 from Springer

Abstract: Abstract This chapter analyzes the evolution of a state variable in one-dimensional, first-order, discrete dynamical systems. It introduces a method of solution for these systems, and it characterizes the trajectory of the state variable, in relation to its steady-state equilibrium, examining the local and global (asymptotic) stability of this steady-state equilibrium.

Keywords: Nonlinear System; Global Stability; Contraction Mapping; Local Stability; Nonlinear Dynamical System (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-540-36776-5_1

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DOI: 10.1007/3-540-36776-4_1

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