Verhulst and the logistic equation (1838)
In 1838 the Belgian mathematician Verhulst introduced the logistic equation, which is a kind of generalization of the equation for exponential growth but with a maximum value for the population. He used data from several countries, in particular Belgium, to estimate the unknown parameters. The work of Verhulst was rediscovered only in the 1920s.
KeywordsLogistic Equation Geometric Progression Royal Academy Maximum Population Imate Equation
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