Critical bifurcation surfaces of 3D discrete dynamics
Michael Sonis
Discrete Dynamics in Nature and Society, 2000, vol. 4, 1-11
Abstract:
This paper deals with the analytical representation of bifurcations of each 3D discrete dynamics depending on the set of bifurcation parameters. The procedure of bifurcation analysis proposed in this paper represents the 3D elaboration and specification of the general algorithm of the n -dimensional linear bifurcation analysis proposed by the author earlier. It is proven that 3D domain of asymptotic stability (attraction) of the fixed point for a given 3D discrete dynamics is bounded by three critical bifurcation surfaces: the divergence, flip and flutter surfaces. The analytical construction of these surfaces is achieved with the help of classical Routh–Hurvitz conditions of asymptotic stability. As an application the adjustment process proposed by T. Puu for the Cournot oligopoly model is considered in detail.
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:hin:jnddns:109382
DOI: 10.1155/S1026022600000315
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