Persistent oscillations in a threshold adjustment model

Feichtinger, G. & Novak, A. (1996). Persistent oscillations in a threshold adjustment model. Mathematical Modelling of System 10.1080/13873959608837038.

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Abstract

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.

Item Type:	Article
Uncontrolled Keywords:	Addiction; Habit formation; Limit cycles; Nonlinear dynamical systems; Threshold models
Research Programs:	World Population (POP)
Bibliographic Reference:	Mathematical Modelling of Dynamical Systems; 2(3):197-211 (1996)
Depositing User:	IIASA Import
Date Deposited:	15 Jan 2016 02:06
Last Modified:	27 Aug 2021 17:15
URI:	https://pure.iiasa.ac.at/4631

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