Hopf Bifurcation Analysis for the Modified Rayleigh Price Model with Time Delay

This paper mainly modifies and further develops the Reyleigh price model. By modifying the basic Reyleigh model, we can more accurately illustrate the economic phenomena with price varying. First, we research the dynamics of the modified Reyleigh model with time delay. By employing the normal form...

Full description

Bibliographic Details
Main Authors: Yanhui Zhai, Haiyun Bai, Ying Xiong, Xiaona Ma
Format: Article
Language:English
Published: Hindawi Limited 2013-01-01
Series:Abstract and Applied Analysis
Online Access:http://dx.doi.org/10.1155/2013/290497