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- W1251890535 abstract "We study the effects of production delays on the local as well as on global dynamics of nonlinear Cobweb model in a continuous-time frame- work. After reviewing a single delay model, we proceed to two models with two delays. When the two delays are used to form an expected price or feedback for price adjustment, we have a winding stability switching curve and in consequence, obtain repetition of stability losses and gains via Hopf bifurcation. Keywords-continuous time cobweb model; nonlinear price dynamics; production delay; stability switching; hopf bifurcation I. INTRODUCTION" @default.
- W1251890535 created "2016-06-24" @default.
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- W1251890535 date "2015-01-01" @default.
- W1251890535 modified "2023-09-24" @default.
- W1251890535 title "Nonlinear Cobweb Model with Time Delays" @default.
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- W1251890535 doi "https://doi.org/10.2991/msam-15.2015.91" @default.
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