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A Generalized Logistic Function and Its Applications

Grzegorz Rządkowski

Grzegorz Rządkowski

Warsaw University of Technology, Faculty of ManagementWarsaw, POLAND
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Rządkowski, Grzegorz
 and 
Lidia Sobczak

Lidia Sobczak

Warsaw University of Technology, Faculty of ManagementWarsaw, POLAND
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Sobczak, Lidia
  
Apr 09, 2020
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Published Online: Apr 09, 2020
Page range: 85 - 92
DOI: https://doi.org/10.2478/fman-2020-0007
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© 2020 Grzegorz Rządkowski et al., published by Sciendo
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

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.

Language:
English
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1 times per year
Journal Subjects:
Computer Sciences, Business Computing, Business and Economics, Business Management, Management Accounting, Financial Controlling, Cost Calculation, Investment
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