Dynamics of discrete time systems with a hysteresis stop operator

We consider a piecewise linear two-dimensional dynamical system that couples a linear equation with the so-called a hysteresis stop operator. Global dynamics and bifurcations of this system are studied depending on two parameters. More complicated systems involving stop operators may have potential applications in the economic modeling of agents that display frictions and memory dependence. © 2017 Society for Industrial and Applied Mathematics.

Authors
Arnold M.1 , Begun N.2, 3 , Gurevich P. 2, 4 , Kwame E.1 , Lamba H.5 , Rachinskii D.1
Publisher
Society for Industrial and Applied Mathematics Publications
Number of issue
1
Language
English
Pages
91-119
Status
Published
Volume
16
Year
2017
Organizations
  • 1 University of Texas at Dallas, Richardson, TX, United States
  • 2 Institute of Mathematics, Free University of Berlin, Berlin, 14195, Germany
  • 3 Saint Petersburg State University, Russian Federation
  • 4 Peoples' Friendship University of Russia, Russian Federation
  • 5 Department of Mathematical Sciences, George Mason University, Fairfax, VA 22030, United States
Keywords
Bifurcation; Dynamic stochastic general equilibrium model; Piecewise linear system; Stop operator
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