Bifurcation Analysis of a Bounded Rational Duopoly Game with Consumer Surplus

2021 ◽  
Vol 31 (07) ◽  
pp. 2150097
Author(s):  
Wei Zhou ◽  
Yinxia Cao ◽  
Amr Elsonbaty ◽  
A. A. Elsadany ◽  
Tong Chu
Keyword(s):  
Normal Form ◽  
Theoretical Analysis ◽  
Center Manifold ◽  
Profit Maximization ◽  
Consumer Surplus ◽  
Normal Form Theory ◽  
Nonlinear Dynamical ◽  
Center Manifold Theorem ◽  
Dynamical Behaviors ◽  
Form Theory

The nonlinear dynamical behaviors of economic models have been extensively examined and still represented a great challenge for economists in recent and future years. A proposed boundedly rational game incorporating consumer surplus is introduced. This paper aims at studying stability and bifurcation types of the presented model. The flip and Neimark–Sacker bifurcations are analyzed via applying the normal form theory and the center manifold theorem. This study helps determine an appropriate choice of decision parameters which have significant influences on the behavior of the game. The duopoly game that is formed by considering bounded rationality and consumer surplus is more realistic than the ordinary duopoly game which only has profit maximization. And then, some numerical simulations are provided to verify the theoretical analysis. Finally, we compare the dynamical behaviors of the built model with that of Bischi–Naimzada model so as to better understand the performance of the duopoly game with consumer surplus.

scholarly journals Stability and Bifurcation for a Delayed Diffusive Two-Zooplankton One-Phytoplankton Model with Two Different Functions

Complexity ◽  
2021 ◽  
Vol 2021 ◽  
pp. 1-24
Author(s):  
Xin-You Meng ◽  
Li Xiao
Keyword(s):  
Hopf Bifurcation ◽  
Time Delay ◽  
Normal Form ◽  
Center Manifold ◽  
Functional Differential Equations ◽  
Bifurcation Parameter ◽  
Normal Form Theory ◽  
Center Manifold Theorem ◽  
Form Theory ◽  
Functional Differential

In this paper, a diffusion two-phytoplankton one-zooplankton model with time delay, Beddington–DeAnglis functional response, and Holling II functional response is proposed. First, the existence and local stability of all equilibria of such model are studied. Then, the existence of Hopf bifurcation of the corresponding model without diffusion is given by taking time delay as the bifurcation parameter. Next, the direction of Hopf bifurcation and the stability of the bifurcating periodic solutions are investigated by using the normal form theory and center manifold theorem. Furthermore, due to the local bifurcation theory of partial functional differential equations, Hopf bifurcation of the model is investigated by considering time delay as the bifurcation parameter. The explicit formulas to determine the properties of Hopf bifurcation are given by the method of the normal form theory and center manifold theorem for partial functional differential equations. Finally, some numerical simulations are performed to check out our theoretical results.

Dynamical Behaviors in Complex-Valued Love Model With or Without Time Delays

2017 ◽  
Vol 27 (13) ◽  
pp. 1750200 ◽  
Author(s):  
Wei Deng ◽  
Xiaofeng Liao ◽  
Tao Dong
Keyword(s):  
Time Delays ◽  
Romantic Relationship ◽  
Center Manifold ◽  
Normal Form Theory ◽  
Center Manifold Theorem ◽  
Dynamical Behaviors ◽  
Real Domain ◽  
Form Theory ◽  
Complex Valued ◽  
Love Dynamics

In this paper, a novel version of nonlinear model, i.e. a complex-valued love model with two time delays between two individuals in a love affair, has been proposed. A notable feature in this model is that we separate the emotion of one individual into real and imaginary parts to represent the variation and complexity of psychophysiological emotion in romantic relationship instead of just real domain, and make our model much closer to reality. This is because love is a complicated cognitive and social phenomenon, full of complexity, diversity and unpredictability, which refers to the coexistence of different aspects of feelings, states and attitudes ranging from joy and trust to sadness and disgust. By analyzing associated characteristic equation of linearized equations for our model, it is found that the Hopf bifurcation occurs when the sum of time delays passes through a sequence of critical value. Stability of bifurcating cyclic love dynamics is also derived by applying the normal form theory and the center manifold theorem. In addition, it is also shown that, for some appropriate chosen parameters, chaotic behaviors can appear even without time delay.

Hopf Bifurcation Analysis for a Novel Hyperchaotic System

2012 ◽  
Vol 8 (1) ◽  
Author(s):  
Kejun Zhuang
Keyword(s):  
Numerical Simulation ◽  
Hopf Bifurcation ◽  
Normal Form ◽  
Local Stability ◽  
Center Manifold ◽  
Hyperchaotic System ◽  
Normal Form Theory ◽  
Center Manifold Theorem ◽  
Form Theory ◽  
The Stability

The paper mainly focuses on a novel hyperchaotic system. The local stability of equilibrium is analyzed and existence of Hopf bifurcation is established. Moreover, formulas for determining the stability and direction of bifurcating periodic solutions are derived by center manifold theorem and normal form theory. Finally, numerical simulation is given to illustrate the theoretical analysis.

Stability and Neimark-Sacker Bifurcation Analysis in a Genetic Network with Delay

2017 ◽  
Vol 21 (2) ◽  
pp. 278-283
Author(s):  
Feng Liu ◽  
◽  
Xiang Yin ◽  
Zhe Zhang ◽  
Fenglan Sun ◽  
...  
Keyword(s):  
Periodic Solution ◽  
Normal Form ◽  
Center Manifold ◽  
Genetic Model ◽  
Genetic Network ◽  
Normal Form Theory ◽  
Center Manifold Theorem ◽  
Form Theory ◽  
The Stability ◽  
Theoretical Results

This paper investigates a genetic model with delay. The stability, direction, and bifurcation periodic solution is derived by using the center manifold theorem and normal form theory. Numerical simulations illustrate the theoretical results.

scholarly journals Stability and Bifurcation of a Class of Discrete-Time Cohen-Grossberg Neural Networks with Delays

2011 ◽  
Vol 2011 ◽  
pp. 1-14 ◽  
Author(s):  
Qiming Liu ◽  
Rui Xu ◽  
Zhiping Wang
Keyword(s):  
Neural Networks ◽  
Normal Form ◽  
Numerical Simulations ◽  
Discrete Time ◽  
Center Manifold ◽  
Normal Form Theory ◽  
Null Solution ◽  
Center Manifold Theorem ◽  
Form Theory ◽  
The Stability

A class of discrete-time Cohen-Grossberg neural networks with delays is investigated in this paper. By analyzing the corresponding characteristic equations, the asymptotical stability of the null solution and the existence of Neimark-Sacker bifurcations are discussed. By applying the normal form theory and the center manifold theorem, the direction of the Neimark-Sacker bifurcation and the stability of bifurcating periodic solutions are obtained. Numerical simulations are given to illustrate the obtained results.

scholarly journals Stability and Hopf Bifurcation for a Delayed Computer Virus Model with Antidote in Vulnerable System

2017 ◽  
Vol 2017 ◽  
pp. 1-9
Author(s):  
Zizhen Zhang ◽  
Yougang Wang ◽  
Massimiliano Ferrara
Keyword(s):  
Hopf Bifurcation ◽  
Normal Form ◽  
Local Stability ◽  
Center Manifold ◽  
Computer Virus ◽  
Normal Form Theory ◽  
Center Manifold Theorem ◽  
Form Theory ◽  
Virus Model ◽  
Bifurcation And Stability

A delayed computer virus model with antidote in vulnerable system is investigated. Local stability of the endemic equilibrium and existence of Hopf bifurcation are discussed by analyzing the associated characteristic equation. Further, direction of the Hopf bifurcation and stability of the bifurcating periodic solutions are investigated by using the normal form theory and the center manifold theorem. Finally, numerical simulations are presented to show consistency with the obtained results.

scholarly journals Hopf bifurcation of a delayed worm model with two latent periods

2019 ◽  
Vol 2019 (1) ◽  
Author(s):  
Juan Liu ◽  
Zizhen Zhang
Keyword(s):  
Hopf Bifurcation ◽  
Sensor Network ◽  
Center Manifold ◽  
Sufficient Conditions ◽  
Normal Form Theory ◽  
Center Manifold Theorem ◽  
Form Theory ◽  
Worm Model ◽  
Distribution Of Roots ◽  
Influential Parameters

Abstract We investigate a delayed epidemic model for the propagation of worm in wireless sensor network with two latent periods. We derive sufficient conditions for local stability of the worm-induced equilibrium of the system and the existence of Hopf bifurcation by regarding different combination of two latent time delays as the bifurcation parameter and analyzing the distribution of roots of the associated characteristic equation. In particular, we investigate the direction and stability of the Hopf bifurcation by means of the normal form theory and center manifold theorem. To verify analytical results, we present numerical simulations. Also, the effect of some influential parameters of sensor network is properly executed so that the oscillations can be reduced and removed from the network.

scholarly journals Dynamical analysis of a giving up smoking model with time delay

2019 ◽  
Vol 2019 (1) ◽  
Author(s):  
Zizhen Zhang ◽  
Ruibin Wei ◽  
Wanjun Xia
Keyword(s):  
Hopf Bifurcation ◽  
Time Delay ◽  
Local Stability ◽  
Center Manifold ◽  
Dynamical Behavior ◽  
Sufficient Conditions ◽  
Dynamical Analysis ◽  
Normal Form Theory ◽  
Center Manifold Theorem ◽  
Form Theory

AbstractIn this paper, we are concerned with a delayed smoking model in which the population is divided into five classes. Sufficient conditions guaranteeing the local stability and existence of Hopf bifurcation for the model are established by taking the time delay as a bifurcation parameter and employing the Routh–Hurwitz criteria. Furthermore, direction and stability of the Hopf bifurcation are investigated by applying the center manifold theorem and normal form theory. Finally, computer simulations are implemented to support the analytic results and to analyze the effects of some parameters on the dynamical behavior of the model.

scholarly journals Hopf Bifurcation of a Delayed Ecoepidemic Model with Ratio-Dependent Transmission Rate

2018 ◽  
Vol 2018 ◽  
pp. 1-10
Author(s):  
Wanjun Xia ◽  
Soumen Kundu ◽  
Sarit Maitra
Keyword(s):  
Hopf Bifurcation ◽  
Time Delay ◽  
Center Manifold ◽  
Transmission Rate ◽  
Sufficient Conditions ◽  
Normal Form Theory ◽  
Center Manifold Theorem ◽  
Form Theory ◽  
Ratio Dependent ◽  
Theoretical Results

A delayed ecoepidemic model with ratio-dependent transmission rate has been proposed in this paper. Effects of the time delay due to the gestation of the predator are the main focus of our work. Sufficient conditions for local stability and existence of a Hopf bifurcation of the model are derived by regarding the time delay as the bifurcation parameter. Furthermore, properties of the Hopf bifurcation are investigated by using the normal form theory and the center manifold theorem. Finally, numerical simulations are carried out in order to validate our obtained theoretical results.

STABILITY AND BIFURCATION ANALYSIS ON A DELAYED NEURAL NETWORK MODEL

2005 ◽  
Vol 15 (09) ◽  
pp. 2883-2893 ◽  
Author(s):  
XIULING LI ◽  
JUNJIE WEI
Keyword(s):  
Neural Network ◽  
Hopf Bifurcation ◽  
Network Model ◽  
Neural Network Model ◽  
Center Manifold ◽  
Normal Form Theory ◽  
Center Manifold Theorem ◽  
Form Theory ◽  
Delayed Neural Network ◽  
The Stability

A simple delayed neural network model with four neurons is considered. Linear stability of the model is investigated by analyzing the associated characteristic equation. It is found that Hopf bifurcation occurs when the sum of four delays varies and passes a sequence of critical values. The stability and direction of the Hopf bifurcation are determined by applying the normal form theory and the center manifold theorem. An example is given and numerical simulations are performed to illustrate the obtained results. Meanwhile, the bifurcation set is provided in the appropriate parameter plane.

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