A Generalized Logistic Function and Its Applications

In the present article, we deal with a generalization of the logistic function. Starting from the Riccati differential equation with constant coefficients, we find its analytical form and describe basic properties. Then we use the generalized logistic function for modeling some economic phenomena.

Bibliographic Details
Main Authors: Rządkowski Grzegorz, Sobczak Lidia
Format: Article
Language:English
Published: Sciendo 2020-04-01
Series:Foundations of Management
Subjects:
c53
Online Access:https://doi.org/10.2478/fman-2020-0007