SIAM Undergraduate Research Online

Volume 17

In This Volume

  • DOI: 10.1137/24S163493X

    Authors

    Kenneth Kau (Corresponding author – University of Hawaii West Oahu)

    Project Advisors

    Esther Widiasih, PhD (University of Hawaii West Oahu)

    Abstract

    In this paper, we apply an alternative two-dimensional Lotka-Volterra system, traditionally used in ecology to model species competition, to the field of industrial organization. We investigate whether this model can effectively represent the competitive interactions between firms in technology sector markets. The study focuses on determining if the model can provide realistic predictions of future market shares, aligning with observed trends. Additionally, we explore the general implications of changes in dynamic variables within the competitive framework. This approach helps draw parallels between ecological and economic competition, suggesting that this Lotka-Volterra model offers valuable insights for market strategy development. This paper lays the groundwork for further research, including the incorporation of stochastic elements and the analysis of more complex competitive scenarios involving multiple firms.

  • MCRAGE: Synthetic Healthcare Data for Fairness

    Published electronically August 13, 2024
  • Pooling Matrix Designs for Group Testing

    Published electronically May 30, 2024

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