• Title of article

    Dynamic estimation of markets exhibiting a prey–predator behavior

  • Author/Authors

    Vagia and Michalakelis، نويسنده , , Christos and Christodoulos، نويسنده , , Charisios and Varoutas، نويسنده , , Dimitrios and Sphicopoulos، نويسنده , , Thomas، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2012
  • Pages
    11
  • From page
    7690
  • To page
    7700
  • Abstract
    The evolution of market concentration in high technology saturated markets with a dominant player is dynamically estimated, based on concepts of population biology. The mathematical description was performed using the Lotka–Volterra model and the corresponding parameters were estimated by genetic algorithms. The proposed methodology shows itself capable of estimating market equilibrium and market concentration, the latter expressed by corresponding market shares. Evaluation of the presented methodology in the area of fixed lines telecommunications market led to accurate results, as compared to historical data, in a specific case study. This methodology can provide valuable inputs for managerial decisions, strategic planning and regulatory decisions to the players of a high technology market.
  • Keywords
    Market shares , Market Competition , Telecommunications forecasting , Prey–predator species , Lotka–Volterra model , MARKET STRUCTURE
  • Journal title
    Expert Systems with Applications
  • Serial Year
    2012
  • Journal title
    Expert Systems with Applications
  • Record number

    2351992