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 then-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.

Highlights

  • The purpose of this paper is to construct the 3D analytical representation of the general procedure of linear bifurcation analysis developed by Sonis (1993, 1997)

  • Jacobi matrix of the linear approximation of the dynamics equals to 1; theflip surface corresponding to the existence of the eigenvalue 1, and theflutter surface corresponding to the pair of complex conjugated eigenvalues with absolute values equal to 1

  • First step of the analysis includes the construction of the Jacobi matrix of a linear approximation of the non-linear dynamics (2.1): OF, OF, OFt

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Summary

INTRODUCTION

The purpose of this paper is to construct the 3D analytical representation of the general procedure of linear bifurcation analysis developed by Sonis (1993, 1997). It will be proven further that the domain of attraction of the fixed point of 3D discrete dynamics is bounded by three critical bifurcation surfaces: the divergence surface corresponding to the case in which one of the eigenvalues of the Jacobi matrix of the linear approximation of the dynamics equals to 1; theflip surface corresponding to the existence of the eigenvalue 1, and theflutter surface corresponding to the pair of complex conjugated eigenvalues with absolute values equal to 1. The crossing of these surfaces by the movement of the fixed point will generate the plethora of all possible bifurcation phenomena

Fixed Points of 3D Discrete Non-Linear Dynamics
The Value of the Jacobi Matrix at a Fixed Point
Domain of Attraction of the Fixed Point and its Routh-Hurwitz Inequalities
Real and Complex Eigenvalues in the Domain of Attraction
Structure of Bifurcations on the Critical Surfaces
Dyopoly with Adjustment
Cournot Equilibrium in Triopoly with Adjustment
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