scholarly journals Necessary and sufficient stability conditions for integral delay systems

Author(s):  
Reynaldo Ortiz ◽  
Alexey Egorov ◽  
Sabine Mondié
1999 ◽  
Vol 01 (01) ◽  
pp. 87-102 ◽  
Author(s):  
LIN XU ◽  
FERENC SZIDAROVSZKY

The asymptotical stability of the equilibrium in dynamic rent-seeking games is examined. Both discrete and continuous time scales are considered. Sufficient, necessary and sufficient stability conditions are derived and then economic interpretations are discussed. Special cases of linear production functions are used to illustrate the conditions.


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