I have 3 equations and 3 unknown variables as follows
$$\frac{\beta}{1-\alpha}x=y^{\alpha-1}-z$$
$$\left(1+\frac{\beta}{1-\alpha}\right)x=\frac{1}{\sigma}\left(\alpha y-\rho\right)$$
$$x\left(\frac{(1-\sigma)\beta}{1-\alpha}+\beta\frac{y^{\alpha}}{\phi z}\right)=\rho$$
Where $x,y,z$ are unknown variables and $\alpha$, $\beta$, $\rho$, $\phi$, $\sigma$ are known constant parameters.
Whatever I have tried, I could not find an analytical result for these three variables.
What possible methods could be used to solve this system ? Numerical methods or any other methods ?
Thanks in advance for hints and suggestions.
i will derive an equation which contains only $$y$$: from (2) we get $$x={\frac { \left( \alpha\,y-\rho \right) \left( \alpha-1 \right) }{ \sigma\, \left( \alpha-\beta-1 \right) }} $$ plugging this in (1) $${\frac { \left( \alpha\,y-\rho \right) \left( \alpha-1 \right) }{ \sigma\, \left( \alpha-\beta-1 \right) } \left( {\frac { \left( 1- \sigma \right) \beta}{1-\alpha}}+{\frac {\beta\,{y}^{\alpha}}{\Phi\,z} } \right) }=\rho$$
from (3) we obtain $$z={\frac {{y}^{\alpha-1}\alpha+x\beta-{y}^{\alpha-1}}{\alpha-1}}$$ with this equation we obatin one equation only in $$y$$ namely $${\frac { \left( \alpha\,y-\rho \right) \left( \alpha-1 \right) }{ \sigma\, \left( \alpha-\beta-1 \right) } \left( {\frac { \left( 1- \sigma \right) \beta}{1-\alpha}}+{\frac {\beta\,{y}^{\alpha} \left( \alpha-1 \right) }{\Phi\, \left( {y}^{\alpha-1}\alpha+x\beta-{y}^{ \alpha-1} \right) }} \right) }=\rho $$ where $$x={\frac { \left( \alpha\,y-\rho \right) \left( \alpha-1 \right) }{ \sigma\, \left( \alpha-\beta-1 \right) }} $$