At a fixed point, the first equation gives , the second then gives , and the third gives . Thus there is exactly one equilibrium for every real :The Jacobian matrix there isOne eigenvalue is . The other two have product one and sum . For their real parts are negative, so the equilibrium is asymptotically stable; for both real parts are positive, leaving two unstable directions and one stable direction. At the eigenvalues are , withTherefore the only local bifurcation of this equilibrium is a Hopf bifurcation at . A repeated real eigenvalue away from zero does not itself cause a bifurcation: the equilibrium remains hyperbolic there.
The cubic centre manifold calculation below gives the Hopf normal form radial coefficient , so this is a supercritical Hopf bifurcation. Small attracting periodic orbits occur on the side. In particular, at the leading cubic radial drift is inward, although linear stability alone cannot decide that boundary case.
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