Neimark-Sacker Bifurcation in a Discrete-Time Financial System
Joint Authors
Ma, Junhai
Xin, Baogui
Chen, Tong
Source
Discrete Dynamics in Nature and Society
Issue
Vol. 2010, Issue 2010 (31 Dec. 2010), pp.1-12, 12 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2010-09-20
Country of Publication
Egypt
No. of Pages
12
Main Subjects
Abstract EN
A discrete-time financial system is proposed by using forward Euler scheme.
Based on explicit Neimark-Sacker bifurcation (also called Hopf bifurcation for map) criterion, normal form method and center manifold theory, the system's existence, stability and direction of Neimark-Sacker bifurcation are studied.
Numerical simulations are employed to validate the main results of this work.
Some comparison of bifurcation between the discrete-time financial system and its continuous-time system is given.
American Psychological Association (APA)
Xin, Baogui& Chen, Tong& Ma, Junhai. 2010. Neimark-Sacker Bifurcation in a Discrete-Time Financial System. Discrete Dynamics in Nature and Society،Vol. 2010, no. 2010, pp.1-12.
https://search.emarefa.net/detail/BIM-469484
Modern Language Association (MLA)
Xin, Baogui…[et al.]. Neimark-Sacker Bifurcation in a Discrete-Time Financial System. Discrete Dynamics in Nature and Society No. 2010 (2010), pp.1-12.
https://search.emarefa.net/detail/BIM-469484
American Medical Association (AMA)
Xin, Baogui& Chen, Tong& Ma, Junhai. Neimark-Sacker Bifurcation in a Discrete-Time Financial System. Discrete Dynamics in Nature and Society. 2010. Vol. 2010, no. 2010, pp.1-12.
https://search.emarefa.net/detail/BIM-469484
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-469484
