Abstract: This paper is concerned with a system of
Hamilton-Jacobi-Bellman equations coupled with an autonomous
dynamical system. The mathematical system arises in the differential
game formulation of political economy models as an infinite-horizon
continuous-time differential game with discounted instantaneous
payoff rates and continuously and discretely varying state variables.
The existence of a weak solution of the PDE system is proven and
a computational scheme of approximate solution is developed for a
class of such systems. A model of democratization is mathematically
analyzed as an illustration of application.
Abstract: Conditions corresponding to the unconditional stability
of convection in a mechanically anisotropic fluid saturated porous
medium of infinite horizontal extent are determined. The medium
is heated from below and its bounding surfaces are subjected to
temperature modulation which consists of a steady part and a
time periodic oscillating part. The Brinkman model is employed
in the momentum equation with the Bousinessq approximation.
The stability region is found for arbitrary values of modulational
frequency and amplitude using the energy method. Higher order
numerical computations are carried out to find critical boundaries
and subcritical instability regions more accurately.