This short monograph lays out the theory behind, and techniques for, using dynamic modelling, taking the reader through a series of increasingly complex models. At each step, examples are used to explain the process, and also to clarify specific applications of difference equation models in the social sciences

Nonlinear Dynamic Systems: Budgetary Competition

This chapter extends previously developed techniques to a consideration of the budgetary process. The mathematics of this chapter are somewhat more demanding because the model that we develop is a system of coupled nonlinear equations. Our goal is not to equip readers fully with the analytical methods required to ...

locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles