Co - evolution of firms and consumers and the implications for market dominance
Article Abstract:
Firms that develop ideas randomly, implement it depending on how favorable it is to the company's product or services. While this is being done, consumers look for firms that fulfill their requirements. Implicit in this dual dynamics is the increasing returns mechanism, which can result in a particular firm dominating the market in the log run. A study on the circumstances under which this phenomenon occurs is presented.
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 2005
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Infectious disease and preventive behavior in an overlapping generations model
Article Abstract:
The dynamic behaviors of the competitive equilibrium allocation are investigated by organizing prevalence of infectious disease and preventive behavior of agent in to an open overlapping generation model.
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 2005
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A class +1 sigmoidal activation functions for FFANNs
Article Abstract:
Sigmoidal functions are defined and found to be useful in feedforward artificial neural networks.
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 2003
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