Hopf bifurcation of a financial dynamical system with delay
نویسندگان
چکیده
The aim of this work is to investigate the qualitative behaviour a financial dynamical system which contains time delay. We dynamic response variables are interest rate, investment demand, price index and average profit margin. As plus available literature, model investigated takes into account timed delayed feedback in demand. perform stability analysis at fixed points show that undergoes Hopf bifurcation using well-known methods analyses for systems. supported by numerical simulations. reveals set parameters non-delayed stable, delay demand may drive instability.
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ژورنال
عنوان ژورنال: Mathematics and Computers in Simulation
سال: 2022
ISSN: ['0378-4754', '1872-7166']
DOI: https://doi.org/10.1016/j.matcom.2022.05.003