the main goal of this note is to introduce another second-order differenceequation where every nontrivial solution is of minimal period 5, namelythe difference equation:xn+1 =1 + xn−1xnxn−1 − 1, n = 1, 2, 3, . . .with initial conditions x0 and x1 any real numbers such that x0x1 6= 1.

       In this paper an SIS epidemic model with saturated incidence rate and treatment func- tion is proposed and studied. The existence of all feasible equilibrium points is discussed. The local stability conditions of the disease free equilibrium point and endemic equilibrium point are established with the help of basic reproduction number.However the global stabili- ty conditions of these eq...

This paper offers an alternative approach to the existence of sunspot equilibria. The economy has a single perishable good and fiat money within an overlapping generations framework with two possible extraneous events. The analysis uses the dynamic adjustment of market prices during voluntary trade to establish paths of current spot prices whose limit points are rational expectations equilibria...