• DocumentCode
    1545350
  • Title

    Modeling Competition in the Telecommunications Market Based on Concepts of Population Biology

  • Author

    Michalakelis, Christos ; Sphicopoulos, Thomas ; Varoutas, Dimitris

  • Author_Institution
    Nat. & Kapodistrian Univ. of Athens, Athens, Greece
  • Volume
    41
  • Issue
    2
  • fYear
    2011
  • fDate
    3/1/2011 12:00:00 AM
  • Firstpage
    200
  • Lastpage
    210
  • Abstract
    Based on concepts of ecology modeling and specifically on population biology, a methodology for describing a high-technology market´s dynamics is developed and presented. The importance of the aforementioned methodology is its capability to estimate and forecast the degree of competition, market equilibrium, and market concentration, the latter expressed by corresponding market shares, in the high-technology environment. Evaluation of the presented methodology in the area of telecommunications led to accurate results, as compared to historical data, in a specific case study. Apart from a very good estimation of the market´s behavior, this methodology presents a very good forecasting ability, which can provide valuable inputs for managerial and regulatory decisions and strategic planning, to the players of a high-technology market, described by high entry barriers.
  • Keywords
    investment; telecommunication industry; telecommunication network management; competition degree; ecology modeling concept; market concentration; market equilibrium; market shares; population biology concept; telecommunication market competition modeling; Competing species; Lotka–Volterra model; ecology modeling; market competition; market shares; market structure; telecommunications forecasting;
  • fLanguage
    English
  • Journal_Title
    Systems, Man, and Cybernetics, Part C: Applications and Reviews, IEEE Transactions on
  • Publisher
    ieee
  • ISSN
    1094-6977
  • Type

    jour

  • DOI
    10.1109/TSMCC.2010.2053923
  • Filename
    5518453