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Cobweb model with conformable fractional derivatives

   Bohner, Martin; Hatipoglu, Veysel Fuat

In this paper, the cobweb model is reformulated in terms of fractional-order derivatives. In particular, we describe linear cobweb models in continuous time by using conformable fractional-order derivatives. Then, the general solutions as well as stability criteria for the proposed models are given. Moreover, the developed models are illustrated with some examples.

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