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Competition Analysis on Industry Populations Based on a Three-Dimensional Lotka–Volterra Model

Sheng-Yuan Wang, Wan-Ming Chen, Xiao-Lan Wu and A. E. Matouk

Discrete Dynamics in Nature and Society, 2021, vol. 2021, 1-15

Abstract: The classical Lotka–Volterra model is mainly a two-dimensional configuration. The two-dimensional form limits the application scenarios of the Lotka–Volterra model. The research objective of this paper is to develop a feasible three population equilibrium model to analyze the industry competition. In order to expand the Lotka–Volterra model to empirical analysis, this paper proposes a symbiosis model of enterprise population based on a three-dimensional Lotka–Volterra model. This paper analyzes the symbiotic system from two aspects: the balanced development of three species and the competitive evolution of the three species, taking the sales volume of three local automobile enterprises in China as the sample for empirical analysis. The symbiotic optimization under the equilibrium state of three populations indicates that there is the possibility of equilibrium and reciprocity in the growth of three automobile product populations. The empirical analysis fully explains the feasibility of this research paradigm. The analysis of competition evolution shows that cooperative action is better than competitive strategy and that comprehensive cooperation is the ideal state of a three-population symbiotic system.

Date: 2021
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:hin:jnddns:9935127

DOI: 10.1155/2021/9935127

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