Abstract

  


 



Giuseppe Palomba and the Lotka-Volterra Equations


Giancarlo Gandolfo


Accademia dei Lincei; CESifo (Center for Economic Studies and Ifo Institute for Economic Research)
December 1, 2007

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

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

Accepted Paper Series


Date posted: April 30, 2011  

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: http://ssrn.com/abstract=1825346

Contact Information

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 for Economic Research)
Poschinger Str. 5
Munich, DE-81679
Germany
HOME PAGE: http://www.CESifo.de
Feedback to SSRN (Beta)


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