Sustained oscillation induced by time delay in a commodity market model

Advances in Difference Equations

Kejun Zhuang¹  Gao Jia² 

[1] Business School, University of Shanghai for Science and Technology, Shanghai, China;School of Statistics and Applied Mathematics, Anhui University of Finance and Economics, Bengbu, China

关键词: commodity market model;    stability;    global Hopf bifurcation;    91B55;    34K18;   

DOI  :  10.1186/s13662-017-1113-6

学科分类：数学（综合）

来源: SpringerOpen

【 摘 要 】

In this paper, the existence of local and global Hopf bifurcation for a delay commodity market model is studied in detail. As time delay increases, the commodity price will fluctuate periodically. Furthermore, such fluctuations will occur even if the time delay is sufficiently large.

【 授权许可】

CC BY