Journal of Inequalities and Applications
Volume 2006 (2006), Article ID 34380, 11 pages
doi:10.1155/JIA/2006/34380

Existence of trajectories with unbounded consumption for a model with innovations

Alexander J. Zaslavski

Department of Mathematics, The Technion – Israel Institute of Technology, Haifa 32000, Israel

Received 7 March 2004; Accepted 26 September 2004

Copyright © 2006 Alexander J. Zaslavski. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Abstract

We consider a model of economic dynamics with discrete innovations and establish the existence of trajectories with unbounded consumption.