

The predator–prey equations is an ecological system. Two linked equations model the two species which depend on each other: One is the prey, which provides food for the other, the predator. Both prey and predator populations grow if conditions are right. Alfred J. Lotka found these equations in 1925. Vito Volterra found them, independently, in 1926. For this reason, the equations are also called Lotka–Volterra equations.
The equations themselves are non-linear differential equations.
There are a number of pre-conditions
In this case the solution of the differential equations is deterministic and continuous. This means that the generations of both the predator and prey are overlapping all the time.
The solutions to the equations lead to the Lotka–Volterra rules:
Consider two populations whose sizes at a reference time t are denoted by x(t), y(t), respectively. The functions x and y might might denote population numbers or concentration (number per area) or some other scaled measure of the population sizes, but are taken to be continuous functions. Changes in population size with time are describing by the time derivatives and , respectively.
In one of his books, Volterra provided statistics on the number of certain cartilagenous fish caught at some Italian ports in the Mediterranean. Volterra used the term "sélaciens", which refers to sharks. These often prey on other fish. In the table, Volterra provided numbers for 1905, and 1910 to 1923:
| 1905 | 1910 | 1911 | 1912 | 1913 | 1914 | 1915 | 1916 | 1917 | 1918 | 1919 | 1920 | 1921 | 1922 | 1923 | |
| Trieste | – | 5,7 | 8,8 | 9,5 | 15,7 | 14,6 | 7,6 | 16,2 | 15,4 | – | 19,9 | 15,8 | 13,3 | 10,7 | 10,2 |
| Fiume | – | – | – | – | – | 11,9 | 21,4 | 22,1 | 21,2 | 36,4 | 27,3 | 16 | 15,9 | 14,8 | 10,7 |
| Venice | 21,8 | – | – | – | – | – | – | – | – | – | 30,9 | 25,3 | 25,9 | 26,8 | 26,6 |
He observed that between 1915 and 1920, more of these fish were caught. He expained this as follows: During the First World War, less fishing was done. For this reason, there were more prey animals, so the number of predators increased. After the war, fishing increased again, reducing the number of prey animals. This also led to a decrease in the number of predators, which can be seen in the table above.
The use of the first Lotka–Volerra rule in economics is known as the pork cycle.
The predator–prey equations have also been the foundation of other work. Volterra himself extended it to be able to model intraspecific competition. Intraspecific competition occurs when two animals of the same species compete for limited resources. Intraspecific competition is an important factor to regulate population density. It is also important to be able to adapt to a changing environment (and for evoution). Volterra did this by adding new terns to the equation.
Most of Volerra's work is about extending the model to be able to handle more than two classes of animals interacting.