Chemistry Reference
In-Depth Information
equation of the Jacobian has the form
r kx u k C r kQ a k X
l
u l
C r kQ .1 a k / v k
D u k ;
.k D 1;2;:::;N/; (4.73)
¤
k
a k X
l¤k
u l C .1 a k / v k
D v k :
(4.74)
Subtract the r kQ -multiple of the second equation from the first one to obtain
r kx u k
D . u k r kQ v k /;
implying that
r kx
D
r kQ v k
u k ;
where it is assumed that ¤ 0. Note that a zero eigenvalue cannot destroy asymp-
totic stability. Substituting this relation into (4.73) it is found that
r kx C
u k
r kQ a k X
l
.1 a k /. r kx /
u l C
D 0;
(4.75)
¤
k
for all k. A non-trivial solution exists if and only if the determinant of this system is
zero. Notice that by introducing the notation
.1 a k /. r kx /
A k ./ D r kx C
; B k ./ D a k r kQ ;
this determinant has the same structure as the one given by (E.2) in Appendix E.
Therefore by using (E.3), the resulting determinantal equation becomes
r kx C
a k r kQ
N
Y
.1 a k /. r kx /
k
D
1
2
3
N
X
a k r kQ
4
5 D 0:
1 C
(4.76)
.1 a k /. r kx /
r kx C
a k r kQ
k
D
1
It is very complicated in general to find conditions that guarantee that the roots of
(4.76) lie inside the unit circle, so instead of a general analysis we will here consider
a particular example.
Example 4.12. Consider the case of symmetric firms, when a 1
D ::: D a N
D
a;r 1Q
D ::: D r NQ
D r Q ;r 1x
D ::: D r Nx D r x . The eigenvalues in this case are
the roots of the equations
 
Search WWH ::




Custom Search