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<p>In this paper, we consider a system of two nonlinear equations with a deviating argument, which is a generalization of the well-known “demand–supply” model. It is shown that taking into account the delay and competition significantly changes the behavior of solutions of the corresponding dynamic system. From the qualitative point of view, this mathematical model demonstrates dynamics that are quite natural from the economic point of view.</p>

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THE IMPACT OF DELAY AND COMPETITION ON MACROECONOMIC DYNAMICS

  • 期刊论文

  • 发表日期：

    2025年10月1日

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  • A. N. Kulikov,
  • D. A. Kulikov,
  • D. G. Frolov

摘要

In this paper, we consider a system of two nonlinear equations with a deviating argument, which is a generalization of the well-known “demand–supply” model. It is shown that taking into account the delay and competition significantly changes the behavior of solutions of the corresponding dynamic system. From the qualitative point of view, this mathematical model demonstrates dynamics that are quite natural from the economic point of view.