Determining firms׳ utility functions and competitive roles from data on market shares using Lotka-Volterra models.

ABSTRACT: In this article, we include data on historical and estimated market shares of two markets. In particular, we include annual data on the market shares of the Japanese beer market (1963-2000) and biannual data on the market shares of the mobile phones market in Greece (1998-2007). In addition, we estimate monthly data on market shares for both markets. We show how this data can be used to derive firms' utility functions and their competitive roles.

SUBMITTER: Marasco A 

PROVIDER: S-EPMC4802538 | biostudies-literature | 2016 Jun

REPOSITORIES: biostudies-literature