Two-link periodic trajectories of a plane convex billiard, when a point mas
s moves along a segment which is orthogonal to the boundary of the billiard
at its end points, are considered. It is established that, if the caustic
of the boundary lies within the billiard, then, in a typical situation, the
re is an even number of two-link trajectories and half of them are hyperbol
ic (and, consequently, unstable) and the other half are of elliptic type. A
n example is given of a billiard for which the caustic intersects the bound
ary and all of the hue-link trajectories are hyperbolic. The analysis of th
e stability is based on an analysis of the extremum of a function of the le
ngth of a segment of a convex billiard which is orthogonal to the boundary
at one of its ends. (C) 2001 Elsevier Science Ltd. All rights reserved.