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Full-Text Articles in Physical Sciences and Mathematics
Scholar Week, Gregg A. Chenoweth
Scholar Week, Gregg A. Chenoweth
Scholar Week Archives (2011-2015)
ONU's Scholar Week flyer #3.
Predator Prey Models In Competitive Corporations, Rachel Von Arb
Predator Prey Models In Competitive Corporations, Rachel Von Arb
Honors Program Projects
Predator prey models have been used for years to model animal populations. In recent years they have begun to be applied to economic situations. However, the stock market has remained largely untouched. We examine whether the success of competitive corporations such as Target and Walmart, as measured by the indicators of price per share, market share, and volume, can be modeled by various predator prey models. We consider the basic Lotka-Volterra model and the two-predator, one-prey model, as well as a ratio-dependent model. We discuss the use of numerical techniques and regression analysis as tools to estimate model parameters. For …