Kajian Model Lotka-Volterra dalam Dinamika Persaingan Pasar
The Lotka-Volterra Model Study in Market Competition Dynamics
Date
2025Author
Panggabean, Theresia Defi Lasmaria
Advisor(s)
Nababan, Esther Sorta Mauli
Sirait, Katrin Jenny
Metadata
Show full item recordAbstract
The Competitive Lotka–Volterra mathematical model describes the interaction and
competition between two market shares represented through a system of ordinary
differential equations. The model incorporates a limiting factor in the form of carrying
capacity to ensure that the growth and decline rates of sales for both products do not
occur exponentially. The analysis results indicate that the inclusion of carrying capacity
constraints allows the system to achieve stability conditions at certain equilibrium
points, with parameter values significantly influencing changes in sales levels. Through
the formulation and analysis of the competitive Lotka–Volterra model between Calya
and Sigra, three equilibrium points were obtained, representing stable system condi
tions. The eigenvalue analysis for each equilibrium point using the Jacobian matrix
shows that the system does not experience a zero-sales condition, as both products
maintain intrinsic growth rates. This finding suggests that the competitive interaction
between Calya and Sigra plays a vital role in determining the dynamics of sales varia
tions within each market player. Despite competition, each product retains its ability to
sustain through its intrinsic sales growth potential. In summary, the developed Lotka
Volterra model can serve as a theoretical foundation for analyzing market competition
dynamics and for formulating optimal and sustainable sales strategies
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- Undergraduate Theses [1489]
