COMPLEX DYNAMICS OF A NONLINEAR ECONOMY MODEL

【Author】

Pei Yu Department of Applied Mathematics, The University of Western Ontario London, Ontario, Canada N6A 5B7

【Abstract】

<正>Complex dynamic behavior of a previously developed nonlinear economy model is investigated. Both local and global bifurcations are considered and new results are obtained. For local dynamics, particular attention is given to Hopf bifurcation. Explicit stability conditions for equilibrium points and limit cycles are derived, and critical stability boundaries are identied where Hopf bifurcations occur. For

【Keywords】

Hopf;COMPLEX DYNAMICS OF A NONLINEAR ECONOMY MODEL;

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