Sensitivities in Models with Backward Dynamics

In this paper, we study some properties of economic model with backward dynamics. We mainly introduce the concept of P-sensitivity and P-Li-Yorke sensitivity especially for the multivalued forward dynamics of such models and characterize P-sensitivity and P-Li-Yorke sensitivity of the multivalued fo...

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Main Authors: Yonghong Chen, Xunxiang Guo
Format: Article
Language:English
Published: Wiley 2019-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2019/4874836
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author Yonghong Chen
Xunxiang Guo
author_facet Yonghong Chen
Xunxiang Guo
author_sort Yonghong Chen
collection DOAJ
description In this paper, we study some properties of economic model with backward dynamics. We mainly introduce the concept of P-sensitivity and P-Li-Yorke sensitivity especially for the multivalued forward dynamics of such models and characterize P-sensitivity and P-Li-Yorke sensitivity of the multivalued forward dynamics in terms of sensitivity and Li-Yorke sensitivity of an induced single-valued dynamics by using the theory of inverse limits. Similarly, we also characterize the sensitivity and Li-Yorke sensitivity of the single-valued backward dynamics of such models in terms of the corresponding sensitivities of an induced single-valued dynamics.
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spelling doaj-art-dda697ace14b4749af5c582204e8efbe2025-02-03T01:32:04ZengWileyDiscrete Dynamics in Nature and Society1026-02261607-887X2019-01-01201910.1155/2019/48748364874836Sensitivities in Models with Backward DynamicsYonghong Chen0Xunxiang Guo1School of Economic Mathematics, Southwestern University of Finance and Economics, Wenjiang, Sichuan, 611130, ChinaSchool of Economic Mathematics, Southwestern University of Finance and Economics, Wenjiang, Sichuan, 611130, ChinaIn this paper, we study some properties of economic model with backward dynamics. We mainly introduce the concept of P-sensitivity and P-Li-Yorke sensitivity especially for the multivalued forward dynamics of such models and characterize P-sensitivity and P-Li-Yorke sensitivity of the multivalued forward dynamics in terms of sensitivity and Li-Yorke sensitivity of an induced single-valued dynamics by using the theory of inverse limits. Similarly, we also characterize the sensitivity and Li-Yorke sensitivity of the single-valued backward dynamics of such models in terms of the corresponding sensitivities of an induced single-valued dynamics.http://dx.doi.org/10.1155/2019/4874836
spellingShingle Yonghong Chen
Xunxiang Guo
Sensitivities in Models with Backward Dynamics
Discrete Dynamics in Nature and Society
title Sensitivities in Models with Backward Dynamics
title_full Sensitivities in Models with Backward Dynamics
title_fullStr Sensitivities in Models with Backward Dynamics
title_full_unstemmed Sensitivities in Models with Backward Dynamics
title_short Sensitivities in Models with Backward Dynamics
title_sort sensitivities in models with backward dynamics
url http://dx.doi.org/10.1155/2019/4874836
work_keys_str_mv AT yonghongchen sensitivitiesinmodelswithbackwarddynamics
AT xunxiangguo sensitivitiesinmodelswithbackwarddynamics