Neimark-Sacker bifurcation in a discrete-time financial system
type: Item
instance of: scholarly article
title: Neimark-Sacker bifurcation in a discrete-time financial system
zbMATH Open document ID: 1195.91189
DOI: 10.1155/2010/405639
author: Baogui Xin
author: Junhai Ma
author: Tong Chen
published in: Discrete Dynamics in Nature and Society
publication date: 2010-09-29T00:00:00Z
full work available at URL: https://eudml.org/doc/231732
review text: Summary: 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.
Mathematics Subject Classification ID: 91G99
Mathematics Subject Classification ID: 37N40
Mathematics Subject Classification ID: 91G60
zbMATH DE Number: 5793490
Wikidata QID: Q58650799
MaRDI profile type: Publication
OpenAlex ID: W2146667284
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description: scientific article; zbMATH DE number 5793490