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    A Computational Agent-Based Modeling Approach for Competitive Wireless Service Market

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    Type
    Conference Paper
    Authors
    Douglas, C C
    Hyoseop Lee,
    Wonsuck Lee,
    KAUST Grant Number
    KUS-C1-016-04
    Date
    2011-04
    Permanent link to this record
    http://hdl.handle.net/10754/597241
    
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    Abstract
    Using an agent-based modeling method, we study market dynamism with regard to wireless cellular services that are in competition for a greater market share and profit. In the proposed model, service providers and consumers are described as agents who interact with each other and actively participate in an economically well-defined marketplace. Parameters of the model are optimized using the Levenberg-Marquardt method. The quantitative prediction capabilities of the proposed model are examined through data reproducibility using past data from the U.S. and Korean wireless service markets. Finally, we investigate a disruptive market event, namely the introduction of the iPhone into the U.S. in 2007 and the resulting changes in the modeling parameters. We predict and analyze the impacts of the introduction of the iPhone into the Korean wireless service market assuming a release date of 2Q09 based on earlier data. © 2011 IEEE.
    Citation
    Douglas CC, Hyoseop Lee, Wonsuck Lee (2011) A Computational Agent-Based Modeling Approach for Competitive Wireless Service Market. 2011 International Conference on Information Science and Applications. Available: http://dx.doi.org/10.1109/ICISA.2011.5772356.
    Sponsors
    Wonsuck Lee’s research was supported by a SeoulMetropolitan Government work program grant WR08095.Craig Douglas’ research was supported in part by NSF grantsCNS-1018072 and CNS-1018079 and Award No. KUS-C1-016-04, made by King Abdullah University of Science andTechnology (KAUST).
    Publisher
    Institute of Electrical and Electronics Engineers (IEEE)
    Journal
    2011 International Conference on Information Science and Applications
    DOI
    10.1109/ICISA.2011.5772356
    ae974a485f413a2113503eed53cd6c53
    10.1109/ICISA.2011.5772356
    Scopus Count
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