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