Editing Lotka–Volterra equations (section)

== Biological interpretation and model assumptions ==

The prey are assumed to have an unlimited food supply and to reproduce exponentially, unless subject to predation; this [[exponential growth]] is represented in the equation above by the term {{math|''αx''}}. The rate of predation on the prey is assumed to be proportional to the rate at which the predators and the prey meet; this is represented above by {{math|''βxy''}}. If either {{mvar|x}} or {{mvar|y}} is zero, then there can be no predation. With these two terms the prey equation above can be interpreted as follows: the rate of change of the prey's population is given by its own growth rate minus the rate at which it is preyed upon.

The term {{math|''δxy''}} represents the growth of the predator population. (Note the similarity to the predation rate; however, a different constant is used, as the rate at which the predator population grows is not necessarily equal to the rate at which it consumes the prey). The term {{math|''γy''}} represents the loss rate of the predators due to either natural death or emigration; it leads to an exponential decay in the absence of prey. Hence the equation expresses that the rate of change of the predator's population depends upon the rate at which it consumes prey, minus its intrinsic death rate.

The Lotka–Volterra predator-prey model makes a number of assumptions about the environment and biology of the predator and prey populations:<ref>{{Cite web |last=Beals |first=M. |last2=Gross |first2=L. |last3=Townsend |first3=C.R. |date=1999 |title=Predator-Prey Dynamics |url=http://www.tiem.utk.edu/~gross/bioed/bealsmodules/predator-prey.html |url-status=dead |archive-url=https://web.archive.org/web/20121215031911/http://www.tiem.utk.edu/~gross/bioed/bealsmodules/predator-prey.html |archive-date=2012-12-15 |access-date=2018-01-09 |website=www.tiem.utk.edu}}</ref>
# The prey population finds ample food at all times.
# The food supply of the predator population depends entirely on the size of the prey population.
# The rate of change of population is proportional to its size.
# During the process, the environment does not change in favour of one species, and genetic adaptation is inconsequential.
# Predators have limitless appetite.
# Both populations can be described by a single variable. This amounts to assuming that the populations do not have a spatial or age distribution that contributes to the dynamics.