This deals with the logistics maps equation: Xn+1 = rn(1 xn) Xn+1 = rn(1 xn)

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This deals with the logistics maps equation:

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An Introduction to the Mathematics of Financial Derivatives

ISBN: 978-0123846822

3rd edition

Authors: Ali Hirsa, Salih N. Neftci

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Posted Date: Feb 08, 2020 09:05 PM

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This deals with the logistics maps equation: Xn+1 = rn(1 xn) Xn+1 = rn(1 xn)

Question:

Xn+1 = ræn(1 – xn) Xn+1 = ræn(1 – xn)

Expert Answer:

Mathematically the logistic mapping is written as x n1 rx n 1x n where x n is number between 0 and 1It represent the ratio of existing population to t... View the full answer

An Introduction to the Mathematics of Financial Derivatives

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