Stochastic Modeling of Technological Labor Market Dynamics with Fast Markov Switching Via the Averaging Principle

• Date: 2026
• Main Authors: Сачовська, Віталіна, Перцов, Андрій
• Format: Article
• Language: English
• Published: Кам'янець-Подільський національний університет імені Івана Огієнка 2026
• Online Access: https://mcm-math.kpnu.edu.ua/article/view/354706
• Journal Title: Mathematical and computer modelling. Series: Physical and mathematical sciences

This study considers a stochastic evolutionary representation of the technological labor market, focusing on the interaction between employment and automation in the IT sector. The dynamics are described by a nonlinear competition system of Lotka-Volterra type, extended by a rapidly switching random...