The Emergence of Bull and Bear Dynamics in a Nonlinear Model of Interacting Markets

Figure 9

Basins of attraction. Basin ℬ₁ of the attractor located around 𝑃₁ is in pink, whereas basin ℬ₂, whose points lead to the attractor around 𝑃₂, is in orange. In (a), for 𝑒=3.43, attractors 𝒜₁ and 𝒜₂ are two coexisting 4-cycles. In (b), for 𝑒=3.56, the attractors are two coexisting two-piece chaotic attractors.

(a)

(b)