The Logistic Equation
GILBERT STRANG: OK? Now, finally, a nonlinear equation. Growth, but it's-- the growth is cut off by competition-- slowed down my competition. Let me show you the equation. In a way, it's the simplest nonlinear equation I could think of. We have the usual dy/dt equal ay. That would give exponential growth. The growth would go on forever. But then, as y gets large-- if we think of y as the population, so the growth is exponential when the birth rates higher than the death rate, and we grow. We have-- and that's what's happening. But our world population is not growing pure exponentially, forever. And this is a simple term, a simple model not, very accurate, but it's the right place to start. For competition, when you have too many people, somehow the multiplying y times y gives you a number of interactions of all the y people with themselves. And those interactions-- that competition slows down the growth, and so the coefficient there is negative. We wan...