Abstract
A survey on the conditions of local stability of fixed points of three-dimensional discrete dynamical systems or difference equations is provided. In particular, the techniques for studying the stability of nonhyperbolic fixed points via the centre manifold theorem are presented. A nonlinear model in population dynamics is studied, namely, the Ricker competition model of three species. In addition, a conjecture about the global stability of the nontrivial fixed points of the Ricker competition model is presented.
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