Research Article

Stability, Global Dynamics, and Social Welfare of a Two-Stage Game under R&D Spillovers

Figure 7

The basins of attraction and the attractors with varying , where the rest parameters are chosen as , , , , , and . In these figures, the red region is the divergent area and the white region is the basin of attractors. (a) , the period-2 limit cycles (two attracting closed orbits) arise after the Neimark–Sacker bifurcation. (b) , the phenomenon of phase-locking appears, where we can find a period-14 cycle. (c) , an attractor made up by 2 weakly chaotic rings comes up. (d) A chaotic attractor and its basin of attraction when .
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