Malthusian growth model

A Malthusian growth model, sometimes called a simple exponential growth model, is essentially exponential growth based on the idea of the function being proportional to the speed to which the function grows. The model is named after Thomas Robert Malthus, who wrote An Essay on the Principle of Population (1798), one of the earliest and most influential books on population. Malthusian models have the following form: where P0 = P(0) is the initial population size, r = the population growth rate, which Ronald Fisher called the Malthusian parameter of population growth in The Genetical Theory of Natural Selection, and Alfred J. Lotka called the intrinsic rate of increase, t = time.