Diffusion of two brands in competition: Cross-brand effect
We study the equilibrium points of a system of equations corresponding to a Bass based model that describes the diffusion of two brands in competition. To increase the understanding of the effects of the cross-brand parameters, we perform a sensitivity analysis. Finally, we show a comparison with an agent-based model inspired in the Potts model. Conclusions include that both models give the same diffusion curves only when the cross coefficients are not null.
Year of publication: |
2014
|
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Authors: | Laciana, C.E. ; Gual, G. ; Kalmus, D. ; Oteiza-Aguirre, N. ; Rovere, S.L. |
Published in: |
Physica A: Statistical Mechanics and its Applications. - Elsevier, ISSN 0378-4371. - Vol. 413.2014, C, p. 104-115
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Publisher: |
Elsevier |
Subject: | Product competition | Cross-brand effect | Potts model | Equilibrium points | Models comparison |
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