2023
DOI: 10.1108/ejmbe-11-2021-0314
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Genetic algorithm modeling of European Union firms' competitive advantage

Abstract: PurposeThis research aims to identify the optimal configuration of investment which leads firms to their best competitive positions, considering the degree of concentration in the market.Design/methodology/approachThe methodology was quantitative and based on secondary data with samples of 124, 106 and 90 firms from competitive environment classified as perfect competition, monopolistic competition and oligopoly, respectively. Proposed models' parameters were estimated by means of genetic algorithms.FindingsAd… Show more

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