We study the stability and instability of periodic traveling waves in the vicinity of the origin in the spectral plane, for equations of Benjamin–Bona–Mahony (BBM) and regularized Boussinesq types permitting nonlocal dispersion. We extend recent results for equations of Korteweg–de Vries type and derive modulational instability indices as functions of the wave number of the underlying wave. We show that a sufficiently small, periodic traveling wave of the BBM equation is spectrally unstable to long wavelength perturbations if the wave number is greater than a critical value and a sufficiently small, periodic traveling wave of the regularized Boussinesq equation is stable to square integrable perturbations.
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