Stability and bifurcation analysis in a kind of business cycle model with delay

作者: Chunrui Zhang , Junjie Wei

DOI: 10.1016/J.CHAOS.2004.03.013

关键词: Heteroclinic bifurcationHopf bifurcationPitchfork bifurcationBiological applications of bifurcation theoryTranscritical bifurcationSaddle-node bifurcationCenter manifoldMathematical analysisMathematicsBifurcation diagram

摘要: Abstract A kind of business cycle model with delay is considered. Firstly, the linear stability studied and bifurcation set drawn in appropriate parameter plane. It found that there exist Hopf bifurcations when passes a sequence critical values. Then explicit algorithm for determining direction bifurcating periodic solutions are derived, using normal form method center manifold theorem. Finally, group conditions to guarantee global existence given, numerical simulations performed illustrate analytical results found.

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