scholarly journals Hopf Bifurcation, Positively Invariant Set, and Physical Realization of a New Four-Dimensional Hyperchaotic Financial System

2017 ◽  
Vol 2017 ◽  
pp. 1-13 ◽  
Author(s):  
G. Kai ◽  
W. Zhang ◽  
Z. C. Wei ◽  
J. F. Wang ◽  
A. Akgul

This paper introduces a new four-dimensional hyperchaotic financial system on the basis of an established three-dimensional nonlinear financial system and a dynamic model by adding a controller term to consider the effect of control on the system. In terms of the proposed financial system, the sufficient conditions for nonexistence of chaotic and hyperchaotic behaviors are derived theoretically. Then, the solutions of equilibria are obtained. For each equilibrium, its stability and existence of Hopf bifurcation are validated. Based on corresponding first Lyapunov coefficient of each equilibrium, the analytical proof of the existence of periodic solutions is given. The ultimate bound and positively invariant set for the financial system are obtained and estimated. There exists a stable periodic solution obtained near the unstable equilibrium point. Finally, the dynamic behaviors of the new system are explored from theoretical analysis by using the bifurcation diagrams and phase portraits. Moreover, the hyperchaotic financial system has been simulated using a specially designed electronic circuit and viewed on an oscilloscope, thereby confirming the results of the numerical integrations and its real contribution to engineering.

2002 ◽  
Vol 9 (2) ◽  
pp. 207-226
Author(s):  
Lenka Baráková

Abstract A three-dimensional real nonlinear autonomous system of a concrete type is studied. The Hopf bifurcation is analyzed and the existence of a limit cycle is proved. A positively invariant set, which is globally attractive, is found using a suitable Lyapunov-like function. Corollaries for a cubic system are presented. Also, a two-dimensional nonlinear system is studied as a restricted system. An application in economics to the Kodera's model of inflation is presented. In some sense, the model of inflation is an extension of the dynamic version of the neo-keynesian macroeconomic IS-LM model and the presented results correspond to the results for the IS-LM model.


2017 ◽  
Vol 2017 ◽  
pp. 1-10
Author(s):  
Piotr Hachuła ◽  
Magdalena Nockowska-Rosiak ◽  
Ewa Schmeidel

An analysis of dynamics of demand-inventory model with stock-level-dependent demand formulated as a three-dimensional system of difference equations with four parameters is considered. By reducing the model to the planar system with five parameters, an analysis of one-parameter bifurcation of equilibrium points is presented. By the analytical method, we prove that nondegeneracy conditions for the existence of Neimark-Sacker bifurcation for the planar system are fulfilled. To check the sign of the first Lyapunov coefficient of Neimark-Sacker bifurcation, we use numerical simulations. We give phase portraits of the planar system to confirm the previous analytical results and show new interesting complex dynamical behaviours emerging in it. Finally, the economical interpretation of the system is given.


2013 ◽  
Vol 23 (01) ◽  
pp. 1350007 ◽  
Author(s):  
XINQUAN ZHAO ◽  
FENG JIANG ◽  
JUNHAO HU

In this paper, the existence of globally exponentially attractive sets and positive invariant sets of three-dimensional autonomous systems with only cross-product nonlinearities are considered. Sufficient conditions, which guarantee the existence of globally exponentially attractive set and positive invariant set of the system, are obtained. The results of this paper comprise some existing relative results as in special cases. The approach presented in this paper can be applied to study other chaotic systems.


2007 ◽  
Vol 17 (08) ◽  
pp. 2547-2570 ◽  
Author(s):  
J. HARLIM ◽  
W. F. LANGFORD

The coalescence of a Hopf bifurcation with a codimension-two cusp bifurcation of equilibrium points yields a codimension-three bifurcation with rich dynamic behavior. This paper presents a comprehensive study of this cusp-Hopf bifurcation on the three-dimensional center manifold. It is based on truncated normal form equations, which have a phase-shift symmetry yielding a further reduction to a planar system. Bifurcation varieties and phase portraits are presented. The phenomena include all four cases that occur in the codimension-two fold–Hopf bifurcation, in addition to bistability involving equilibria, limit cycles or invariant tori, and a fold–heteroclinic bifurcation that leads to bursting oscillations. Uniqueness of the torus family is established locally. Numerical simulations confirm the prediction from the bifurcation analysis of bursting oscillations that are similar in appearance to those that occur in the electrical behavior of neurons and other physical systems.


2012 ◽  
Vol 2012 ◽  
pp. 1-17 ◽  
Author(s):  
Shuang Guo ◽  
Weihua Jiang

A class of three-dimensional Gause-type predator-prey model with delay is considered. Firstly, a group of sufficient conditions for the existence of Hopf bifurcation is obtained via employing the polynomial theorem by analyzing the distribution of the roots of the associated characteristic equation. Secondly, the direction of the Hopf bifurcation and the stability of the bifurcated periodic solutions are determined by applying the normal form method and the center manifold theorem. Finally, some numerical simulations are carried out to illustrate the obtained results.


2021 ◽  
Vol 31 (06) ◽  
pp. 2150089
Author(s):  
Biruk Tafesse Mulugeta ◽  
Liping Yu ◽  
Jingli Ren

In this paper, a three-dimensional one-prey and two-predators model, with additional food and harvesting in the presence of toxicity is proposed. Additional food is being provided to one predator. The dynamics and bifurcations of the system are investigated using center manifold theorem, normal form theory and Sotomayor’s theorem. It is proved that the system undergoes transcritical bifurcation, saddle-node bifurcation, Hopf bifurcation, generalized Hopf bifurcation, Bogdanov–Takens bifurcation and cusp bifurcation with respect to different parameters. Bifurcation diagrams of the system with respect to toxic effect and harvesting effect are illustrated. The phase portraits and solution curves are also presented to verify the dynamic behavior. The results show that the combined effect of the factors has the power of transforming simple ecosystems into complex ecosystems.


2014 ◽  
Vol 2014 ◽  
pp. 1-8 ◽  
Author(s):  
Jinglei Tian ◽  
Yongguang Yu ◽  
Hu Wang

Two kinds of three-dimensional fractional Lotka-Volterra systems are discussed. For one system, the asymptotic stability of the equilibria is analyzed by providing some sufficient conditions. And bifurcation property is investigated by choosing the fractional order as the bifurcation parameter for the other system. In particular, the critical value of the fractional order is identified at which the Hopf bifurcation may occur. Furthermore, the numerical results are presented to verify the theoretical analysis.


2016 ◽  
Vol 26 (08) ◽  
pp. 1630019 ◽  
Author(s):  
Alexander P. Kuznetsov ◽  
Yuliya V. Sedova

We propose a new three-dimensional map that demonstrates the two- and three-frequency quasi-periodicity. For this map, all basic quasi-periodic bifurcations are possible. The study was realized by using Lyapunov charts completed by plots of Lyapunov exponents, phase portraits and bifurcation trees illustrating the quasi-periodic bifurcations. The features of the three-parameter structure associated with quasi-periodic Hopf bifurcation are discussed. The comparison with nonautonomous model is carried out.


2010 ◽  
Vol 20 (02) ◽  
pp. 437-450 ◽  
Author(s):  
MARCELO MESSIAS ◽  
CRISTIANE NESPOLI ◽  
VANESSA A. BOTTA

The memristor is supposed to be the fourth fundamental electronic element in addition to the well-known resistor, inductor and capacitor. Named as a contraction for memory resistor, its theoretical existence was postulated in 1971 by L. O. Chua, based on symmetrical and logical properties observed in some electronic circuits. On the other hand its physical realization was announced only recently in a paper published on May 2008 issue of Nature by a research team from Hewlett–Packard Company. In this work, we present the bifurcation analysis of two memristor oscillators mathematical models, given by three-dimensional five-parameter piecewise-linear and cubic systems of ordinary differential equations. We show that depending on the parameter values, the systems may present the coexistence of both infinitely many stable periodic orbits and stable equilibrium points. The periodic orbits arise from the change in local stability of equilibrium points on a line of equilibria, for a fixed set of parameter values. This phenomenon is a kind of Hopf bifurcation without parameters. We have numerical evidences that such stable periodic orbits form an invariant surface, which is an attractor of the systems solutions. The results obtained imply that even for a fixed set of parameters the two systems studied may or may not present oscillations, depending on the initial condition considered in the phase space. Moreover, when they exist, the amplitude of the oscillations also depends on the initial conditions.


Complexity ◽  
2019 ◽  
Vol 2019 ◽  
pp. 1-17 ◽  
Author(s):  
Xiangrui Li ◽  
Shuibo Huang

In this paper, we consider the effect of constant rate harvesting on the dynamics of a single-species model with a delay weak kernel. By a simple transformation, the single-species model is transformed into a two-dimensional system. The existence and the stability of possible equilibria under different conditions are carried out by analysing the two-dimensional system. We show that there exists a critical harvesting value such that the population goes extinct in finite time if the constant rate harvesting u is greater than the critical value, and there exists a degenerate critical point or a saddle-node bifurcation when the constant rate harvesting u equals the critical value. When the constant rate harvesting u is less than the critical value, sufficient conditions about the existence of the Hopf bifurcation are derived by topological normal form for the Hopf bifurcation and calculating the first Lyapunov coefficient. The key results obtained in the present paper are illustrated using numerical simulations. These results indicate that it is important to select the appropriate constant rate harvesting u.


Sign in / Sign up

Export Citation Format

Share Document