2006
DOI: 10.1016/j.cie.2006.07.009
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A dynamic competition analysis on the Korean mobile phone market using competitive diffusion model

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Cited by 104 publications
(50 citation statements)
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“…This model has been chosen because it enables the best dynamics description of the predator-prey relationship. The population dynamics observed in biological systems has been an inspiration in the works for the modelling of social, economic and technological changes [12][13][14][15]. Lotka-Volterra model enables the analysis of the equilibrium level in the distribution of a particular resource (in this case "a particular resource" refers to the user through the implementation of services), as well as analysing the changes which arrive with the new redistribution of resources among market participants.…”
Section: The Market Of Express Postal Services In Serbiamentioning
confidence: 99%
See 1 more Smart Citation
“…This model has been chosen because it enables the best dynamics description of the predator-prey relationship. The population dynamics observed in biological systems has been an inspiration in the works for the modelling of social, economic and technological changes [12][13][14][15]. Lotka-Volterra model enables the analysis of the equilibrium level in the distribution of a particular resource (in this case "a particular resource" refers to the user through the implementation of services), as well as analysing the changes which arrive with the new redistribution of resources among market participants.…”
Section: The Market Of Express Postal Services In Serbiamentioning
confidence: 99%
“…Convergence criterion is considered to be a change in the value of the parameters that lead to stopping the iterative procedure, or if the change is less than the defined parameters of the convergence criteria, the algorithm ends. Convergence criterion, in this case is a value of 0.001, or the procedure is stopped if the change percentage in the coefficient is less than 0.1% [13,20]. The estimated value of the parameters for Equations (3) and (4) is given in Table 3.…”
Section: Parameter Analysismentioning
confidence: 99%
“…The phenomenon of diffusion has been widely studied due to its potential impact in various fields, such as epidemiology (Raj, Kuceyeski, & Weiner, 2012), marketing (Kim, Lee, & Ahn, 2006), and social behavior (Susarla, Oh, & Tan, 2012). Understanding contagion phenomena, product/service adoption and changing cultural features all depend on how people influence each other, which is the hallmark of diffusion models (Rogers, 2003).…”
Section: Diffusion Modelsmentioning
confidence: 99%
“…Some of these competing technologies have been addressed recently in system dynamics and bibliometrics (Bae et al, 2007) as well as diffusion modelling (Kim et al, 2006;Pretorius and Winzker, 2010) research. The research presented in this paper is an extension of recent research on simulation of bridging technology dynamics and is also based on work presented previously by the authors Pretorius et al, 2013).…”
Section: Introductionmentioning
confidence: 99%