Logistic Curve of N-th Order and Compund Growth Modeling
A notion of generalized logistic curve (so-called logistic curve of N-th order) is introduced.The important property of this curve is existence of several points of inflection.This makes it applicable for analysis and forecasting many economical indices.For estimation of parameters of logistic curve of /V-th order a method is proposed which is analogue of the Rhodes method firstly proposed for simple logistic curve.It is shown that logistic curve of/V-th order is solution to a system of non-linear differential equations which may describe the compound growth in multi-level production system or dynamic behavior of trophic chain of a biological populations.
logistic curve of iV-th order points of inflection statistical estimation compound growth multibranch production set of nonlinear ODE
Mykhaylo Ya.Postan
Department Economics and Management Odessa National Maritime University (ONMU) Odessa,Ukraine
国际会议
南京
英文
928-931
2011-09-15(万方平台首次上网日期,不代表论文的发表时间)