Instability and bifurcation in a price formation model
Tutor / director / evaluatorSolà-Morales Rubió, Joan de
Document typeBachelor thesis
Rights accessOpen Access
Following M.d.M.González, M.P.Gualdani and J.Solà-Morales work on J.-M. Lasry and P.L. Lions evolutive model, the main goal of this work is to understand and analyze how a Hopf Bifurcation may or may not modify the behaviour of a predictive model using both numerical and analytical techniques. A numerical simulation will be performed to actually determine the kind of bifurcation and its properties, proving moreover a Hopf characterization claim for the predictive model.