SIAM Undergraduate Research Online
Volume 17
In This Volume
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Predicting Market Share: Application of Alternative Lotka-Volterra Competition Model
Published electronically September 23, 2024DOI: 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.
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Mean Imputation and Stochastic Coordinate Descent for Linear Systems with Missing Data
Published electronically August 29, 2024 -
MCRAGE: Synthetic Healthcare Data for Fairness
Published electronically August 13, 2024 -
Statistical Methods Applied to Gene Expression Data to Explore Cancer Features
Published electronically June 27, 2024 -
Using a Smartphone Accelerometer to Classify Longboarding Motion
Published electronically June 20, 2024 -
Fast & Fair: Efficient Second-Order Robust Optimization for Fairness in Machine Learning
Published electronically June 11, 2024 -
Comparative Evaluation and Refinement of Linear Algebra-Based Camera Calibration Algorithms
Published electronically June 7, 2024 -
Pooling Matrix Designs for Group Testing
Published electronically May 30, 2024 -
Predictive Modeling of H5N1 Bird Flu in United States of America: A 2022-2023 Analysis
Published electronically May 17, 2024 -
Quantification of the Effects of Voter Protocols on the Outcome of Approval Voting
Published electronically April 16, 2024 -
Modeling Renewable Electricity Purchasing for Sustainable Management of Clarkson University's Energy Portfolio
Published electronically April 9, 2024 -
An Infectious Disease Model with Asymptomatic Transmission and Waning Immunity
Published electronically March 29, 2024 -
Predator-Prey Oscillations in a Cellular Automaton of Huffaker's Mite Experiment
Published electronically February 13, 2024 -
How to be #1 in the IOI? A Study on Rating Nations Participating in the International Informatics Olympiad
Published electronically February 9, 2024 -
From Pole to Podium: Adjusting Elo Method to Separate Car and Driver in Formula One Racing
Published electronically February 6, 2024 -
Identifying Priority Areas for Expanding Mental Health Facilities with Mixed Integer Linear Programming
Published electronically January 25, 2024
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