Delay-induced Periodic Oscillations for a Three-enterprise Interaction Model
DOI:
https://doi.org/10.14738/aivp.126.17905Keywords:
three-enterprise interaction model, delay, stability, oscillationAbstract
In the literature, two-enterprise interaction model with or without delays have been discussed by many researchers. The Hopf bifurcation in such two-enterprise model has been discussed. In this paper, we extend the two-enterprise model to a three-enterprise interaction model with delays. Time delay destroys the stability of the solutions and induces periodic oscillation for this three-enterprise model. Computer simulations are given to demonstrate the proposed results.
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