Skip to main content

Theory and Modern Applications

Table 4 Parameter values under finite regime switching of model (4)

From: Conditions for prosperity and depression of a stochastic R&D model under regime switching

State

θ(ς(t))

ξ(ς(t))

η(ς(t))

α(ς(t))

σ(ς(t))

n(Ï‚(t))

Ï‚(t)=1

−0.9

0.2

0.59

0.29

0.1

0.33

Ï‚(t)=2

−0.91

0.21

0.6

0.3

0.4

0.33

Ï‚(t)=3

−0.89

0.19

0.61

0.31

0.9

0.33