Giuseppe Palomba and the Lotka-Volterra Equations

Rendiconti Lincei – Scienze Fisiche e Naturali, Vol. 19, No. 4, pp. 347-357, 2008

Posted: 30 Apr 2011

See all articles by Giancarlo Gandolfo

Giancarlo Gandolfo

Accademia dei Lincei; CESifo (Center for Economic Studies and Ifo Institute)

Date Written: December 1, 2007

Abstract

The introduction into economics of the Lotka-Volterra prey-predator equations to model cyclical phenomena is commonly attributed to 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.

Keywords: Lotka-Volterra equations, growth cycle

JEL Classification: E32, C69

Suggested Citation

Gandolfo, Giancarlo, Giuseppe Palomba and the Lotka-Volterra Equations (December 1, 2007). Rendiconti Lincei – Scienze Fisiche e Naturali, Vol. 19, No. 4, pp. 347-357, 2008, Available at SSRN: https://ssrn.com/abstract=1825346

Giancarlo Gandolfo (Contact Author)

Accademia dei Lincei ( email )

Via della Lungara 10
Rome, 00165
Italy

HOME PAGE: http://gandolfo.org

CESifo (Center for Economic Studies and Ifo Institute)

Poschinger Str. 5
Munich, DE-81679
Germany

HOME PAGE: http://www.CESifo.de

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