Abstract
This article examines unemployment phenomenon using delay differential equations. Our objective consists in evaluating the influence of the delay and recruitment function on the stability of the equilibrium. We propose a nonlinear function of general type. The dynamics of this model is analyzed by constructing a Lyapunov function. First, we prove the existence and uniqueness of positive equilibrium. Next, we demonstrate the overall stability of this equilibrium. Finally, we present some numerical examples (bilinear function, with separate variables and general) to illustrate and compare our results in different situations.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.