Proceedings of the 9th Joint International Conference on Information Sciences (JCIS-06)

Consumer Network and Market Dynamics

Authors
Satoshi Itoh 0, Yasuyuki Murakami, Takashi Iba
Corresponding Author
Satoshi Itoh
0Faculty of Policy Management, Keio University
Available Online October 2006.
DOI
https://doi.org/10.2991/jcis.2006.51How to use a DOI?
Keywords
Artificial Market, Agent-Based Simulation, Social Network, Market Structure
Abstract
This paper suggests that the interaction between consumers has an impact on market structure, in addition to each consumer’s own behavior. In this paper, we replicate the artificial market model proposed by Onozaki and Yanagita, and extend it by adding the network of consumers in order to show that the interaction between consumers in the market affects emerging and changing the market structure. Onozaki-Yanagita model, which is made under the idea that oligopolistic state in a market is the result of competitive situations, shows monopoly and oligopoly come out of them. We put various network structures of consumers to the model, and realize that the interaction between consumers influences in shaping the market structure.
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Proceedings
9th Joint International Conference on Information Sciences (JCIS-06)
Part of series
Advances in Intelligent Systems Research
Publication Date
October 2006
ISBN
978-90-78677-01-7
ISSN
1951-6851
DOI
https://doi.org/10.2991/jcis.2006.51How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Satoshi Itoh
AU  - Yasuyuki Murakami
AU  - Takashi Iba
PY  - 2006/10
DA  - 2006/10
TI  - Consumer Network and Market Dynamics
BT  - 9th Joint International Conference on Information Sciences (JCIS-06)
PB  - Atlantis Press
SP  - 211
EP  - 214
SN  - 1951-6851
UR  - https://doi.org/10.2991/jcis.2006.51
DO  - https://doi.org/10.2991/jcis.2006.51
ID  - Itoh2006/10
ER  -