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Goodwin's Predator-Prey Model with Endogenous Technological Progress
The purpose of the paper is to re-formulate traditional Goodwin predator-prey model by including a specific differential equation describing technological progress in deterministic and/or stochastic way. A base of this system contains such variables in interest as a rate of employment, a share of labour, and different forms of a rate of the technological progress.
| Link | http://ies.fsv.cuni.cz/in…ublication=2013&lng=en_GB |
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| Author | Vosvrda, M. |
| Date | 30-May-2007 |
| Institute | Institute of Economic Studies |
| Tags | predator-prey, technological, progress |
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