Artikel

A turnpike property of trajectories of dynamical systems with a Lyapunov function

In this paper, we study the structure of trajectories of discrete disperse dynamical systems with a Lyapunov function which are generated by set-valued mappings. We establish a weak version of the turnpike property which holds for all trajectories of such dynamical systems which are of a sufficient length. This result is usually true for models of economic growth which are prototypes of our dynamical systems.

Language
Englisch

Bibliographic citation
Journal: Games ; ISSN: 2073-4336 ; Volume: 11 ; Year: 2020 ; Issue: 4 ; Pages: 1-8 ; Basel: MDPI

Classification
Wirtschaft
Subject
compact metric space
global attractor
lyapunov function
set-valued mapping
turnpike

Event
Geistige Schöpfung
(who)
Zaslavskij, Aleksandr J.
Event
Veröffentlichung
(who)
MDPI
(where)
Basel
(when)
2020

DOI
doi:10.3390/g11040063
Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Zaslavskij, Aleksandr J.
  • MDPI

Time of origin

  • 2020

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