Multistability

<h2 id="bistability">Bistability</h2>
<p class="note">Main article: <a href="/facts/Bistability/Rvxss5V4">Bistability</a></p>
<p>Bistability is the special case with two stable equilibrium points. It is the simplest form of multistability, and can occur in systems with only one state variable, as it only takes a one-dimensional space to separate two points.
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<h2 id="initial-instability">Initial instability</h2>
<p class="note">See also: <a href="/facts/Path_dependence/WQyxIdrC">Path dependence</a></p>
<p>Near an unstable equilibrium, any system will be sensitive to noise, initial conditions and system parameters,
which can cause it to develop in one of multiple divergent directions. 
In economics and social sciences, path dependence gives rise to divergent directions of development.
Some path dependent processes are adequately described by multistability,
by being initially sensitive to input, before reaching a stagnant state – 
for example <a href="/facts/Market_share/kvXSlhlB">market share</a> instability, which can develop into a stable <a href="/facts/Monopoly/BXIQWUmR">monopoly</a> for one of multiple possible vendors.
</p>
<h2 id="external-links">External links</h2>
<ul><li><a href="https://web.archive.org/web/20070928121528/http://www.icbm.de/komplsyst/9905.html">Definition of multistability from icbm.de</a></li></ul>

Multistability open-in-new

Multistability