2008
DOI: 10.1007/s12210-008-0023-7
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Giuseppe Palomba and the Lotka-Volterra equations

Abstract: The economics commonly credited with the introduction of the Lotka-Volterra equations into economics to examine cyclical problems is Richard Goodwin (1965). In this paper we show that the Italian economist Giuseppe Palomba had used these equations much earlier (1939), and describe Palomba's model in detail, pointing out his surprisingly modern conclusions and suggestions for future work.

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Cited by 48 publications
(15 citation statements)
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“…Many researches using different concepts of differentiations have been done and some good predictions were obtained. [1][2][3][4][5][6][7][8][9][10][11][12] However, the real observation is more complex than the suggested model. For instance, it has been observed by many field worker biologists, and also many videos played by national geography channel show a group of hyena killing and eating lions.…”
Section: Introductionmentioning
confidence: 99%
“…Many researches using different concepts of differentiations have been done and some good predictions were obtained. [1][2][3][4][5][6][7][8][9][10][11][12] However, the real observation is more complex than the suggested model. For instance, it has been observed by many field worker biologists, and also many videos played by national geography channel show a group of hyena killing and eating lions.…”
Section: Introductionmentioning
confidence: 99%
“…Our results may extend beyond informing studies of brain and biology. As introduced above with computerized load balancing and sharing, network connectivity maintenance, predator-prey networks, and economics (Lotka, 1910 ; Goel et al, 1971 ; Gandolfo, 2008 ; Wan et al, 2008 ; Allan et al, 2010 ; Shtessel et al, 2012 ; Arpaci-Dusseau and Arpaci-Dusseau, 2015 ), we assert that resource-utilization generally, causes the emergence of oscillations and periodic components. Here, we illustrate an analogous relationship, with oscillatory dynamics and energy requirements in the brain.…”
Section: Discussionmentioning
confidence: 63%
“…Models of resource or energy usage and constraint in other networked systems may also provide insight into modeling neuroenergetics. Lotka-Volterra equations have also been used in economics for many years to model resource interactions between industries and sectors (Gandolfo, 2008 ), which may produce oscillatory interactions as well. Within graph theory, related questions include how to maximize graph connectivity with limited or unreliable functional links between nodes (Wan et al, 2008 ), a task which the brain may perform.…”
Section: Introductionmentioning
confidence: 99%
“…The population dynamics models have mature mathematical foundations and successful applications in a diverse set of practical problems even outside of biology (Neal, 2004 ; Singh and Uyenoyama, 2004 ). For example, Gandolfo ( 2008 ) applied the predator-prey equations in economics to model resource interactions between industries. Neural network activity has been also modeled (Moreau et al, 1999 ; Burroni et al, 2017 ) by population ecology equations to describe the natural oscillations in neuronal networks.…”
Section: Resultsmentioning
confidence: 99%