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
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