A turnpike property of trajectories of dynamical systems with a lyapunov function

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Abstract

In this paper, we study the structure of trajectories of discrete disperse dynamical systems with a Lyapunov function which are generated by set-valued mappings. We establish a weak version of the turnpike property which holds for all trajectories of such dynamical systems which are of a sufficient length. This result is usually true for models of economic growth which are prototypes of our dynamical systems.

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APA

Zaslavski, A. J. (2020). A turnpike property of trajectories of dynamical systems with a lyapunov function. Games, 11(4), 1–8. https://doi.org/10.3390/g11040063

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