I am working on being able to recognize appropriate Lyapunov functions to show the stability (or instability) of equilibrium points. I have the following system:
$\begin{pmatrix} \dot{x} \\ \dot{y} \end{pmatrix} = \begin{pmatrix} 0 & 1 \\ -1 & -2 \end{pmatrix}\begin{pmatrix} x \\ y \end{pmatrix} + \begin{pmatrix} -x^3 \\ 2x^3 \end{pmatrix}$
with the equilibrium point $\bar{x}=(0,0)$. I wish to prove that $\bar{x}$ is asymptotically stable via an appropriate Lyapunov function. I started with
$V(x,y) = x^4 + y^4$
but I was not sure how to show that $\dot{V} < 0$. Does anyone have any ideas? Should I use a different Lyapunov function?