Modelling the Dynamics of the Work-Employment System by Predator-Prey Interactions

TL;DR

This paper applies predator-prey models to analyze the complex, evolving dynamics of the work-employment system, revealing initial chaos that stabilizes over time due to policies and intrinsic factors.

Contribution

It adapts the Lotka-Volterra predator-prey model to the work-employment system, providing a novel theoretical framework for understanding its dynamics.

Findings

Initial chaos in system dynamics diminishes over time

Public policies influence system stabilization

Model offers generalized insights for managers

Abstract

The broad application range of the predator-prey modelling enabled us to apply it to represent the dynamics of the work-employment system. For the adopted period, we conclude that this dynamics is chaotic in the beginning of the time series and tends to less perturbed states, as time goes by, due to public policies and hidden intrinsic system features. Basic Lotka-Volterra approach was revised and adapted to the reality of the study. The final aim is to provide managers with generalized theoretical elements that allow to a more accurate understanding of the behavior of the work-employment system.