The question in the title is perhaps vaguely posed, so I'll include the concrete example which is bugging me.
Suppose we have a mapping given by $$N_{t+1}=N_t\cdot \exp(r(1-N_t-PN_t/(\alpha^2+N_t^2))),$$ where $\alpha$ and $r$ are some fixed constants. If we plot this nonlinear mapping, we get something like this (plotted for $r=0.35, \alpha=0.1$ and, from top to bottom, $P_1=0.165, P_2=0.235, P_3=0.35$). The blue line corresponds to $N_{t+1}=N_t$
From here it can be seen that there are 3 regimes the system can be in, depending on the value of the parameter $P$:
- For low values of $P$, the system has 2 fixed points (shown at 0 and at cca. 0.8)
- For medium values of $P$, the system has 4 fixed points (shown at 0, $A$,$B$ and $C$)
- For high values of $P$, the system has 2 fixed points again (shown at 0 and at cca. 0.03).
I took the liberty of drawing cobweb diagrams for them all (except $N=0$, which seems to be an unstable fixed point for the given values), but I'll show just the ones important for my question:
- Case $P=0.235$, starting point $N_0<N_B$, 2048 iterations show that it's orbiting point $C$.
- Same case, this time the starting point is $N_0>N_B$ so the system tends towards point $A$, but much faster.
This seemed odd at first so I decided to plot the bifurcation diagram and the Lyapunov exponent of values of $P$:
Bifurcation diagram (dots are pretty dense after $P=0.4$, so it's not as reliable for comparison with the Lyapunov exponent after that point):
Lyapunov exponent:
Most of the conclusions I made before drawing those last 2 diagrams got confirmed, but one issue stands: in the medium $P$ regime ($P=0.235$), the bifurcation diagram shows that the system has only one stable state (the higher one, point $A$), but refuses to acknowledge the other ($C$), despite the cobweb diagram showing that it's probably stable. Not only that, the Lyapunov exponent is around -2 for that point, and I'm pretty sure that the graph is accurate (it's plotted for the first 1000 terms in the Lyapunov sum, with a discrete step of 1/10000).
So, my main issue is: Does the bifurcation diagram show all equillibrium points that are accessible from a multitude of starting points for a given value of the bifurcation parameter? In this case, wheather the system landed in $A$ or $C$ depended only on the initial condition, namely $N_0<N_B$ or $N_0>N_B$.
For the doubled-period and chaotic regimes I got the correct cobweb diagrams (the system jumping between 2 distinct points and not settling in any point, respectively), among other correct predictions, so I'm convinced the error is not in my coding. Any insight in this matter would be greately appreciated.
EDIT: feel free to migrate this to math.se if you don't find this appropriate. The question arises from a physics problem, but I understand if it's considered off-topic
EDIT#2: As suggested, here is the enlarged version of the bifurcation diagram in the interval from $P=0.11$ to $P=0.5$