Solution

ID: past-exam-of-the-topics-in-applied-mathematics-course-of-the-university-of-oxford/2011/b/4/a/solution

The Poincaré-Bendixson theorem states that the omega-limit set of a forward orbit confined to a compact region of the plane, containing no equilibrium points, is a periodic orbit.
Put , . Direct calculation gives
Here and . Thus on the inner circle the radial velocity is positive, and on the outer circle it is negative. In their closed annulus,
so there is no equilibrium. The theorem gives a periodic orbit in this trapping annulus.
It is asymptotically stable: the vector-field divergence is
throughout the annulus. Its nontrivial Floquet multiplier is . This proves an attracting periodic orbit exists. There can be only one there: two such nested orbits would enclose an annular region with zero outward flux, contradicting the strictly negative divergence via the divergence theorem.

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