Hypercrater Bifurcations, Attractor Coexistence, and Unfolding in a 5D Model of Economic Dynamics

Figure 8

(a) Details of the bifurcation diagram of 𝐾₂ for 𝛿=1, 𝛽=0.1. (a) As computed with starting values far from the equilibrium. (b) As computed with starting values near equilibrium.

(a)

(b)

(c)

(d)