Estimates of the solution of the balance model considering the environmental factor and investment

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The article explains the nonlinear balance model that considers disposal and recycling of wastes and investments. The suggested model is the equilibrium prices model in which the costs of harmful wastage disposal and recycling are considered. Besides, there are nonlinear interrelations between the branches of production, which allows us to predict the release of useful products, which is necessary for the economists- analysts who are engaged in forecasting the manufactured products. For the model which is described by a system of differential equations, the conditions are created when the system of differential equations has only one solution. The paper defines the conditions under which this model is solvable and has a nonnegative solution, if at the same time the given values can be negative. For the model the methods of creating bilateral estimated solutions are adapted; the method of improving bilateral estimation is offered. Unlike the methods of searching the precise solution, the application of the method of bilateral estimation facilitates successful solution of tasks with big dimension of the processed models, without resorting to direct integration. The results of this article can be used in the solution of specific tasks of mathematics, economics, biology and other tasks with nonlinear interrelations.

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Economic system, macroeconomic modeling, forecasting, wastes production, wastes recycling, monotone operators, nonlinear model, cone space, lipschitz condition

Короткий адрес: https://sciup.org/149130127

IDR: 149130127   |   DOI: 10.15688/ek.jvolsu.2020.2.11

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