Abstract
Dynamical models of prototype gravastars are constructed and studied. The models are the Visser–Wiltshire three-layer gravastars, in which an infinitely thin spherical shell of a perfect fluid with the equation of state p = (1−γ)σ divides the whole spacetime into two regions, where the internal region is de Sitter, and the external one is Schwarzschild. When γ<1 and , it is found that in some cases the models represent stable gravastars, and in some cases they represent 'bounded excursion' stable gravastars, where the thin shell is oscillating between two finite radii, while in some other cases they collapse until the formation of black holes occurs. However, when γ≥1, even with , only black holes are found. In the phase space, the region for both stable gravastars and 'bounded excursion' gravastars is very small in comparison to that for black holes, although it is not completely empty.