Published Online: Apr 09, 2020
Page range: 85 - 92
DOI: https://doi.org/10.2478/fman-2020-0007
Keywords
© 2020 Grzegorz Rządkowski et al., published by Sciendo
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.
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.