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Social Influence and Evolution of Market Share

Simla Ceyhan, Mohammad Mousavi, Amin Saberi
2011 Internet Mathematics  
We propose a model for the evolution of market share in the presence of social influence. We study a simple market in which the individuals arrive sequentially and choose one of the products.  ...  We also derive the market shares at equilibrium in terms of the level of social influence and the inherent fitness of the products.  ...  CONCLUSION We have presented an analysis for the dynamics of market share when social influence is present.  ... 
doi:10.1080/15427951.2011.579849 fatcat:e5dlpppybnf7dakn6dlepxotkq

Predictability and Prediction for an Experimental Cultural Market [chapter]

Richard Colbaugh, Kristin Glass, Paul Ormerod
2010 Lecture Notes in Computer Science  
for predicting market share winners, and their ultimate market shares, in the very early stages of the market.  ...  In such situations this social influence decreases the ex ante predictability of the ensuing social dynamics.  ...  Department of Homeland Security, the U.S. Department of Defense, and the Laboratory Directed Research and Development program at Sandia National Laboratories.  ... 
doi:10.1007/978-3-642-12079-4_12 fatcat:w7idav262nfe3jaftahwnsrwn4

Evolution of Conformity Dynamics in Complex Social Networks

Yuhui Gong, Qian Yu
2019 Symmetry  
Our simulations shown that topology structure, network size, and initial market share have significant effects on the evolution of customers' conformity behaviors.  ...  As the size of the network increases, there is a greater possibility of forming a dominant group of preferences in small-world network, and the market will converge to the monopoly of the product which  ...  initial market share on the evolution of customer conformity behaviors.  ... 
doi:10.3390/sym11030299 fatcat:jzpmlckgcnef5j5mrdm6xxkfpq

Peculiarities of marketing communications in cultural marketing

Daniel Gardan, Petronela Iuliana Geangu
2016 Annals of Spiru Haret University Economic Series  
This phenomenon regarding marketing evolution in terms of both extensively and intensively way, led to the emergence and consolidation of a set of concepts adapted also for cultural products and services  ...  Extending the application of marketing science specific concepts and principles in various sectors would not have been possible without their gradual evolution, in terms of customization and differentiation  ...  In present the evolution of internet and social media as means of communication have led to the evolution of creative industries (term that encompass the cultural industries) regarding the greater connectivity  ... 
doaj:2673dca3f04440f48eaf84476de9d40a fatcat:s3nkias7ifaw3jmkci27jwgmrm

The Evolution of ICT Markets: An Agent-Based Model on Complex Networks [chapter]

Liangjie Zhao, Bangtao Wu, Zhong Chen, Li Li
2009 Lecture Notes of the Institute for Computer Sciences, Social Informatics and Telecommunications Engineering  
Information and communication technology (ICT) products exhibit positive network effects.The dynamic process of ICT markets evolution has two intrinsic characteristics: (1) customers are influenced by  ...  Keywords: information and communication technology, evolution of market, diffusion of innovations, complex networks, network effects.  ...  Acknowledgments This work was supported by National Natural Science Foundation of China under Grant No.70671070.  ... 
doi:10.1007/978-3-642-02466-5_55 fatcat:66nusa4lqbhl7diusglpe5ub54

Online relationship marketing: evolution and theoretical insights into online relationship marketing

Park Thaichon, Gajendra Liyanaarachchi, Sara Quach, Scott Weaven, Yi Bu
2019 Marketing Intelligence & Planning  
Findings This paper examined three areas pertinent to online relationship marketing: first, the evolution of online relationship marketing from pre-1990s to the present, which offers a temporal snapshot  ...  Purpose The purpose of this paper is to review the past, current and future trends in empirical research and theoretical insights into online relationship marketing.  ...  , Brown and Krishna (2004) , Bruner and Kumar, (2003).  ... 
doi:10.1108/mip-04-2019-0232 fatcat:n3y6dhu74bajtmh4pcc5feiqhm

Stock Price Dynamics in Artificial Multi-Agent Stock Markets [chapter]

A.O.I. Hoffmann, S.A. Delre, J.H. von Eije, W. Jager
2006 Lecture notes in economics and mathematical systems  
and socially influence others in their social networks; this might help explain the background of hypes, crashes, and bubbles • Can these assumptions be empirically confirmed?  ...  (1-S): proportion of Alpha strategy of each investor • With this model, it is possible to investigate the influence of Alpha and Beta strategies on the stock market price dynamics • Two series of experiments  ...  • Effect of different networks on information diffusion processes was not studied • Market dynamics are generated by the actions of investors, but the cognition of investors is never affected by the evolution  ... 
doi:10.1007/3-540-28547-4_16 fatcat:7b7e5nhcezchpol3sqpzrsib54

The dynamics over the next few years of the Spanish mobile telecommunications market share: a mathematical modelling approach

Roberto Cervelló, Juan- C. Cortés, Francisco- J. Santonja, Rafael- J. Villanueva
2013 Mathematical and Computer Modelling of Dynamical Systems  
and advertising strategies, and also decisions adopted through interaction via social influence.  ...  Taking into account available data from 2002-2009 about the market share percentages of the Spanish mobile telecommunications service providers, a dynamic diffusion model to study the evolution of the  ...  Acknowledgement This work has been partially supported by the FIS PI-10/01433, the Spanish Goverment MICINN and FEDER grant MTM2009-08587 and the Universitat Politècnica de València grant PAID06-11-2070  ... 
doi:10.1080/13873954.2013.843572 fatcat:hnagco62lfbcrak56gik54ypbe

Agent-based interaction analysis of consumer behavior

Lamjed Ben Said, Thierry Bouron, Alexis Drogoul
2002 Proceedings of the first international joint conference on Autonomous agents and multiagent systems part 1 - AAMAS '02  
That also requires finding the parameters' values characterizing the virtual population that reproduces real market evolutions.  ...  It shows that this model provides an interpretation of the main concepts and cognitive features, issued from marketing research and psycho-sociology works on consumption.  ...  Emergent Market Shares Equilibrium In the following we report two results relative to the evolution of market shares in the virtual market.  ... 
doi:10.1145/544741.544787 dblp:conf/atal/SaidBD02 fatcat:h3cllmslrbegxakrgsjr2hx7fu

Battle of opinions over evolving social networks

Irem Koprulu, Yoora Kim, Ness B. Shroff
2016 2016 Annual Conference on Information Science and Systems (CISS)  
Social networking platforms are major players in the discussion and formation of opinions in diverse areas including, but not limited to, political discourse, market trends, news and social movements.  ...  We study the battle of such competing opinions over evolving social networks.  ...  Long-Term Market Share Characteristics: The long-term market share of each technology is determined by the coefficients α 1 and α 2 of the t λ1 term in (15) .  ... 
doi:10.1109/ciss.2016.7460472 dblp:conf/ciss/KopruluKS16 fatcat:w2dpikiflbb6rmjgrhqstjirgm

Heterogeneity and Increasing Returns May Drive Socio-Economic Transitions [article]

Gérard Weisbuch, Vincent Buskens, Luat Vuong
2007 arXiv   pre-print
Our approach allows us to model many scenarios of technology substitution and provides a method for generalizing market forces.  ...  The question we pose is, how can such an initially economically-disadvantaged green product evolve to hold the greater share of the market?  ...  Results Time evolution of market shares The evolution of market shares for the three products is easily simulated for a fixed set of parameters.  ... 
arXiv:0706.1454v1 fatcat:g5xr277zurdafndnslr3nsd2y4

The Duality of Structure in China's National Television Market: A Network Analysis of Audience Behavior

Elaine J. Yuan, Thomas B. Ksiazek
2011 Journal of Broadcasting & Electronic Media  
The findings reveal that Chinese audiences tend to gravitate to channels with greater market share, higher household penetration rates, and more drama programming.  ...  Finally, there was evidence of higher-order patterns of audience behavior, suggesting the existence of channel repertoires, and market concentration.  ...  2 2 Parameter Estimates for the Co-Evolution of Channels and Audience DuplicationNotes: *p < .05, **p < .01 + The results presented for the Social Influence hypothesis tested the co-evolution for only  ... 
doi:10.1080/08838151.2011.570825 fatcat:5v53r7v7rrgellkpiafd72c7mu

Urban Rural Educational Inequalities and Human Capital Polarization in Romania

Ana-Maria ZAMFIR
2017 Revista Romaneasca pentru Educatie Multidimensionala  
The present paper aims to analyse the level and evolution of urbanrural educational inequalities in Romania.  ...  Educational inequalities are on the agenda of policy makers in many countries as they affect life chances of individuals and contribute to perpetuation of social disadvantages.  ...  This phenomenon produces human capital polarization which refers to the contemporaneous increase in the share of individuals with lower education and in the share of those with higher education.  ... 
doi:10.18662/rrem/2017.0903.10 fatcat:qyjhnyyqt5f6haxmqsw4sjmdua

How Government Regulations and Consumer Behavior Influence Manufacturers' Product Green Degree Decision-Making: An Agent-Based Model

Pengwei Yuan, Xiaoqing Dong, Jia Xu, Xiaofei Lin, Wenqing Wu
2021 Wireless Communications and Mobile Computing  
In order to find how government regulations and individual's green product purchase behavior affect manufacturers' green degree decisions and the market evolution characteristics, this paper proposes a  ...  Both government regulations and consumer behaviors have a strong influence on the product green degree decisions of manufacturers' products.  ...  Acknowledgments This work is supported by the National Social Science Foundation of China, grant number 20BGL047.  ... 
doi:10.1155/2021/5582140 fatcat:ly5wcrfjarcuriwp5trosthr6i

ERP implementation failures in China: Case studies with implications for ERP vendors

Yajiong Xue, Huigang Liang, William R. Boulton, Charles A. Snyder
2005 International Journal of Production Economics  
Taking an ensemble view of technology, we conceptualize ERP systems as being embedded in complex social contexts, which heavily influence ERP implementation and use.  ...  From the historical perspective, this paper describes China's ERP evolution and compares it with the ERP evolution in Western countries.  ...  Table 1 shows the distribution of market shares. The five major ERP vendors account for approximately 63.2% of the ERP market and the top eight ERP vendors account for 67.8% of the market.  ... 
doi:10.1016/j.ijpe.2004.07.008 fatcat:nyvjojbnuzgatgth643yig773q
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