Center Manifold Reduction and Perturbation Method in a Delayed Model with a Mound-Shaped Cobb-Douglas Production Function

Matsumoto and Szidarovszky (2011) examined a delayed continuous-time growth model with a special mound-shaped production function and showed a Hopf bifurcation that occurs when time delay passes through a critical value. In this paper, by applying the center manifold theorem and the normal form theo...

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Bibliographic Details
Main Authors: Massimiliano Ferrara, Luca Guerrini, Giovanni Molica Bisci
Format: Article
Language:English
Published: Wiley 2013-01-01
Series:Abstract and Applied Analysis
Online Access:http://dx.doi.org/10.1155/2013/738460
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