Foundations of Management (Apr 2020)

A Generalized Logistic Function and Its Applications

  • Rządkowski Grzegorz,
  • Sobczak Lidia

DOI
https://doi.org/10.2478/fman-2020-0007
Journal volume & issue
Vol. 12, no. 1
pp. 85 – 92

Abstract

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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.

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