RT Journal Article
SR 00
ID 10.1080/13873959608837038
A1 Feichtinger, G.
A1 Novak, A.
T1 Persistent oscillations in a threshold adjustment model
JF Mathematical Modelling of System
YR 1996
FD 1996
K1 Addiction; Habit formation; Limit cycles; Nonlinear dynamical systems; Threshold models
AB In this paper we present a simple time-continuous behavioural model of habit formation. Addictive behaviour is damped by a threshold which adapts itself to the habit. This adaptive behaviour of the threshold may lead to periodic fluctuations of the consumption rate, the habit and the threshold. It turns out that both a low adjustment rate of the threshold as well as a steep consumption function favour oscillatory patterns.
PB Taylor & Francis
SN 1744-5051
LK https://pure.iiasa.ac.at/id/eprint/4631/