Hopf Bifurcation and Chaos of a Delayed Finance System

Figure 14

Nonlinear phenomena of system (4) induced by delay : (a) (stable); (b) (chaos); (c) (period 1); (d) (chaos); (e) (stable); (f) (period 1); (g) (period 2); (h) (period 4); (i) (chaos).

(a)

(b)

(c)

(d)

(e)

(f)

(g)

(h)

(i)