Journal of Applied Mathematics
Volume 2012 (2012), Article ID 205346, 13 pages
http://dx.doi.org/10.1155/2012/205346
Research Article

Dynamic Properties of a Differential-Algebraic Biological Economic System

Department of Mathematics, Northeast Forestry University, Harbin 150040, China

Received 9 August 2011; Accepted 4 October 2011

Academic Editor: Wan-Tong Li

Copyright © 2012 Hongyang Zhang and Chunrui Zhang. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Abstract

We analyze a differential-algebraic biological economic system with time delay. The model has two different Holling functional responses. By considering time delay as bifurcation parameter, we find that there exists stability switches when delay varies, and the Hopf bifurcation occurs when delay passes through a sequence of critical values. Furthermore, we also consider the stability and direction of the Hopf bifurcation by applying the normal form theory and the center manifold theorem. Finally, using Matlab software, we do some numerical simulations to illustrate the effectiveness of our results.