Abstract

The discrete-time predator–prey biological economic system obtained by Euler method is investigated. Some conditions for the system to undergo flip bifurcation and Neimark–Sacker bifurcation are derived by using new normal form of differential-algebraic system, center mainfold theorem and bifurcation theory. Numerical simulations are given to show the effectiveness of our results and also to exhibit period-doubling bifurcation in orbits of period 2, 4, 8 and chaotic sets. The results obtained here reveal far richer dynamics in discrete differential-algebraic biological economic system. The contents are interesting in mathematics and biology.

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