Chapter 5: Problem 10
Use the stability criterion to characterize the stability of the equilibria of $$ x_{t+1}=\frac{3}{5} x_{t}^{2}-\frac{2}{5}, \quad t=0,1,2, \ldots $$
Short Answer
Expert verified
Both equilibria \(x = \frac{4}{3}\) and \(x = -1\) are unstable.
Step by step solution
01
Identify the equilibrium points
To find the equilibrium points of the function, solve the equation \(x = \frac{3}{5}x^2 - \frac{2}{5}\). Set \(x_{t+1} = x_t = x\) for equilibrium. Rearranging gives the quadratic equation \(\frac{3}{5}x^2 - x - \frac{2}{5} = 0\). Solve for \(x\) using the quadratic formula \(x = \frac{-b \pm \sqrt{b^2 - 4ac}}{2a}\), where \(a = \frac{3}{5}\), \(b = -1\), and \(c = -\frac{2}{5}\).
02
Solve the quadratic equation
Substitute \(a\), \(b\), and \(c\) into the quadratic formula: \[x = \frac{1 \pm \sqrt{1^2 - 4\left(\frac{3}{5}\right)\left(-\frac{2}{5}\right)}}{2\left(\frac{3}{5}\right)}\]. Simplify under the square root: \(1 + \frac{24}{25} = \frac{49}{25}\). Take the square root: \(\sqrt{\frac{49}{25}} = \frac{7}{5}\). Compute: \[x = \frac{1 \pm \frac{7}{5}}{\frac{6}{5}}\]. This results in two equilibrium points: \(x = \frac{8}{6} = \frac{4}{3}\) and \(x = \frac{-6}{6} = -1\).
03
Determine stability using derivatives
The stability of an equilibrium point of a discrete dynamical system \(x_{t+1} = f(x_t)\) is determined by the derivative of \(f(x)\). Compute \(f'(x)\) by differentiating \(f(x) = \frac{3}{5}x^2 - \frac{2}{5}\): \(f'(x) = \frac{6}{5}x\).
04
Evaluate the derivative at the equilibrium points
At \(x = \frac{4}{3}\), compute \(f'(\frac{4}{3}) = \frac{6}{5} \times \frac{4}{3} = \frac{24}{15} = \frac{8}{5}\). Since \(\left|f'(\frac{4}{3})\right| = \frac{8}{5} > 1\), this equilibrium is unstable. At \(x = -1\), compute \(f'(-1) = \frac{6}{5} \times (-1) = -\frac{6}{5}\). Since \(\left|f'(-1)\right| = \frac{6}{5} > 1\), this equilibrium is also unstable.
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Key Concepts
These are the key concepts you need to understand to accurately answer the question.
Quadratic Equation
A quadratic equation is an essential algebraic expression which takes the form \( ax^2 + bx + c = 0 \). Here, \( a \), \( b \), and \( c \) are constants where \( a eq 0 \). The quadratic equation might sound complex, but it follows a simple form and is notably simple to solve using the quadratic formula:
\[ x = \frac{-b \pm \sqrt{b^2 - 4ac}}{2a} \]
In our scenario, we worked on solving the equation \( \frac{3}{5}x^2 - x - \frac{2}{5} = 0 \), where the coefficients are identified as:
\[ x = \frac{-b \pm \sqrt{b^2 - 4ac}}{2a} \]
In our scenario, we worked on solving the equation \( \frac{3}{5}x^2 - x - \frac{2}{5} = 0 \), where the coefficients are identified as:
- \( a = \frac{3}{5} \)
- \( b = -1 \)
- \( c = -\frac{2}{5} \)
Equilibrium Points
Equilibrium points are key in analyzing dynamical systems, representing states where a system remains constant over time. To locate equilibrium points in a function like \( x_{t+1} = f(x_t) \), we set \( x = f(x) \). Here, we solved the equation \( x = \frac{3}{5}x^2 - \frac{2}{5} \) for \( x \), which is the condition for equilibrium.
Solving this involves:
Solving this involves:
- Balancing the formula such that \( x_{t+1} = x_t \), essentially seeking where the input equals the output.
- Turning the condition into a quadratic equation, which we solve to find potential equilibrium points.
Discrete Dynamical System
A discrete dynamical system is a framework where changes occur at distinct points in time—think of steps or hops from one state to another. In mathematics, these systems are represented by equations like \( x_{t+1} = f(x_t) \).
Such systems are particularly useful in modeling real-world processes where events unfold in stages or periods. For instance, population models and economic forecasts apply this concept. In our example, the function \( x_{t+1} = \frac{3}{5} x_{t}^{2} - \frac{2}{5} \) describes how \( x \), the state, evolves over time.
Understanding stability within these systems involves using the derivative of \( f(x) \) to assess the behavior at equilibrium points:
Such systems are particularly useful in modeling real-world processes where events unfold in stages or periods. For instance, population models and economic forecasts apply this concept. In our example, the function \( x_{t+1} = \frac{3}{5} x_{t}^{2} - \frac{2}{5} \) describes how \( x \), the state, evolves over time.
Understanding stability within these systems involves using the derivative of \( f(x) \) to assess the behavior at equilibrium points:
- At \( x = \frac{4}{3} \) and \( x = -1 \), we calculated the derivative \( f'(x) = \frac{6}{5}x \).
- We evaluated the derivative at these points to determine stability. A magnitude greater than one, \(|f'(x)| > 1\), suggests instability.