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Abstract

A competition model is described by a nonlinear first-order differential equation (of Riccati type). Its solution is then used to construct a functional equation in two variables (admitting essentially the same solution) and several iterative functional equations; their continuous solutions are presented in various forms (closed form, power series, integral representation, asymptotic expansion, continued fraction). A constant $C = 0.917\ldots$ (inherent in the model) is shown to be a transcendental number.