ANALYTICAL APPROACH TO STABILITY - LINEARISATION
Consider a discrete time dynamical system
with an equilibrium value
Theorem: The equilibrium value is stable or attracting if
and is unstable or repelling if
If our work is in-conclusive.
The derivative of a curve at a point is, in some sense, the best linear approximation of the curve at that point.
Consider the dynamical system
After making substitutions and
we consider a curve
The equilibrium values which are the solutions of the equation are
and
Evidently,
Since if follows that the equilibrium value 2.75 is unstable (since
).
Likewise is unstable since
If you were to construct a cobweb starting with a small positive initial value
(say
), you would find that the solution
would be repelled from