Title of article
The stability of stochastic systems: The case of persistence and resilience
Author/Authors
Batabyal، نويسنده , , A.A. and Beladi، نويسنده , , H.، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 1999
Pages
8
From page
27
To page
34
Abstract
Beginning with the seminal work of Arrow and Hurwicz [1], there now exists a vast literature in economics on the stability of economic systems. This notwithstanding, to the best of our knowledge, the economics literature does not contain any studies of the stability of jointly determined, stochastic ecological-economic systems. Consequently, the objective of this paper is to identify and mathematically characterize two stability concepts for such systems.
Keywords
Resilience , stability , Stochastic ecological-economic system , persistence
Journal title
Mathematical and Computer Modelling
Serial Year
1999
Journal title
Mathematical and Computer Modelling
Record number
1591450
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