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Basin of Attraction through Invariant Curves and Dominant Functions

Ziyad AlSharawi, Asma Al-Ghassani and A. M. Amleh

Discrete Dynamics in Nature and Society, 2015, vol. 2015, 1-11

Abstract:

We study a second-order difference equation of the form , where both and are decreasing. We consider a set of invariant curves at and use it to characterize the behaviour of solutions when and when . The case is related to the Y2K problem. For , we study the stability of the equilibrium solutions and find an invariant region where solutions are attracted to the stable equilibrium. In particular, for certain range of the parameters, a subset of the basin of attraction of the stable equilibrium is achieved by bounding positive solutions using the iteration of dominant functions with attracting equilibria.

Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:hin:jnddns:160672

DOI: 10.1155/2015/160672

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