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
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