next up previous
Next: on, Up: Steady-state analysis: all at Previous: Equilibrium existence

Local stability analysis

With a leak $ \alpha $, equation A.3 becomes

$\displaystyle \bar{x}^c < \frac{\sigma}{c} \frac{\bar{x}^{c+1}}{\left( \bar{x}-\alpha\right)^2} -1 -\left(k -1 \right) \bar{x}^c
$

$\displaystyle 1+k \bar{x}^c<\frac{\sigma}{c} \frac{\bar{x}^{c+1}}{\left(\bar{x}-\alpha \right)^2}
$

$\displaystyle \frac{\sigma \bar{x}^c}{\bar{x}-\alpha} < \frac{\sigma}{c} \frac{\bar{x}^{c+1}}{\left(\bar{x}-\alpha \right)^2}
$

$\displaystyle \bar{x}-\alpha < \frac{1}{c}\bar{x}
$

Thus the stability condition A.3 is met iff $ \bar{x}<\alpha \frac{c}{c-1}$ (in that case, since non-diagonal terms of the Jacobian are obviously negative, diagonal terms are also negative, and the equilibrium is stable). Since solutions to equation 8 can be made arbitrarily high by increasing $ \sigma $, increasing $ \sigma $ past a threshold value (other parameters being equal) will prevent the existence of a stable equilibrium with all variables equal.