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A Generalized Logistic Function and its Applications

Author

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  • Rządkowski Grzegorz
  • Sobczak Lidia

    (Warsaw University of Technology, Faculty of Management, Warsaw, Poland)

Abstract

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.

Suggested Citation

  • Rządkowski Grzegorz & Sobczak Lidia, 2020. "A Generalized Logistic Function and its Applications," Foundations of Management, Sciendo, vol. 12(1), pages 85-92, January.
    • Handle: RePEc:vrs:founma:v:12:y:2020:i:1:p:85-92:n:7
    DOI: 10.2478/fman-2020-0007
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    References listed on IDEAS

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