Local Hopf Bifurcation in a Competitive Model of Market Structure with Consumptive Delays

A competitive model of market structure with consumptive delays is considered. The local stability of the positive equilibrium and the existence of local Hopf bifurcation are investigated by analyzing the distribution of the roots of the associated characteristic equation. The explicit formulas dete...

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Bibliographic Details
Main Author: Xuhui Li
Format: Article
Language:English
Published: Wiley 2014-01-01
Series:Journal of Applied Mathematics
Online Access:http://dx.doi.org/10.1155/2014/852025
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