The optical bistability, bifurcations and chaos phenomena of the proposed structure have been examined. Three operation regimes are obtained numerically, namely single operation, period doubling operation and chaotic operation; however only two are observed experimentally due to hardware limitations. This research work focuses mainly on nonlinear system behaviors of fiber ring lasers, which includes self phase modulation, four-wave mixing, parametric amplification, optical bistability, bifurcation and chaos. Although some of the nonlinear effects are undesirable for system design, I am able to turn these unfavorable behaviors into real use, such as ultra-high speed operation, narrow pulse generation and optical switching. The main achievements of this work have been published in papers [W1-W14].