Hypercrater Bifurcations, Attractor Coexistence, and Unfolding in a 5D Model of Economic Dynamics
Figure 5
Trajectory of for and initially attracted by the stable equilibrium. After the first shock when the value of is changed to 0.6 the trajectory is attracted by the stable CIC. (a) After the second shock applied at the trajectory is attracted by the equilibrium. (b) After the second shock applied at the trajectory continues being attracted by the CIC. The two parametric shocks are marked by dots.
