Network Effect in Complex Market Structures

Authors:
Makoto Uchida;Susumu Shirayama
Affiliations:
-;-
Venue:
WI-IATW '07 Proceedings of the 2007 IEEE/WIC/ACM International Conferences on Web Intelligence and Intelligent Agent Technology - Workshops
Year:
2007

Citing 2
Cited 1

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Complexity
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The Structure and Dynamics of Networks: (Princeton Studies in Complexity)

Influence of Network Structure on Market Share in Complex Market Structures

ICCS '08 Proceedings of the 8th international conference on Computational Science, Part II

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Abstract

We analyze the network effect in a personal communication market using a multi agent model in a network. Using several complex network models, we investigate the dynamics of a market in which two providers are competing as well as the structure of networks that affects the complex behaviors of the market. Through a series of simulations, we show that the structural properties of the complex networks, such as the clustering coefficient and degree correlations, have a major influence on dynamics of the market.