Agent-based artificial market model-the case study of de-facto standard on VCR market

Takashi Iba; Heizo Takenaka; Yoshiyasu Takefuji

doi:10.1109/ICMAS.1998.699251

Agent-based artificial market model-the case study of de-facto standard on VCR market

Takashi Iba, Heizo Takenaka, Yoshiyasu Takefuji

Faculty of Policy Management

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

Abstract

In this paper, the agent-based artificial market model is proposed as a simple model to describe the society as a multi-agent system. We examine the case study of competition on the standardization of video cassette recorders (VCR). In this case the compatibility of the video software is definitely important to choose the VCR. The simulation result shows that the communications among agents are breaking the symmetry of the market share, then the asymmetry is enlarged further with accelerated speed. The model is useful to understand what has happened in the technological lock-in phenomena.

Original language	English
Title of host publication	Proceedings - International Conference on Multi Agent Systems, ICMAS 1998
Publisher	Institute of Electrical and Electronics Engineers Inc.
Pages	437-438
Number of pages	2
ISBN (Print)	081868500X, 9780818685002
DOIs	https://doi.org/10.1109/ICMAS.1998.699251
Publication status	Published - 1998 Jan 1
Event	1998 International Conference on Multi Agent Systems, ICMAS 1998 - Pans, France Duration: 1998 Jul 3 → 1998 Jul 7

Other

Other	1998 International Conference on Multi Agent Systems, ICMAS 1998
Country/Territory	France
City	Pans
Period	98/7/3 → 98/7/7

ASJC Scopus subject areas

Management Information Systems
Communication
Computer Networks and Communications
Information Systems and Management

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10.1109/ICMAS.1998.699251

Cite this

Agent-based artificial market model-the case study of de-facto standard on VCR market. / Iba, Takashi; Takenaka, Heizo; Takefuji, Yoshiyasu.
Proceedings - International Conference on Multi Agent Systems, ICMAS 1998. Institute of Electrical and Electronics Engineers Inc., 1998. p. 437-438 699251.

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

Iba, T, Takenaka, H & Takefuji, Y 1998, Agent-based artificial market model-the case study of de-facto standard on VCR market. in Proceedings - International Conference on Multi Agent Systems, ICMAS 1998., 699251, Institute of Electrical and Electronics Engineers Inc., pp. 437-438, 1998 International Conference on Multi Agent Systems, ICMAS 1998, Pans, France, 98/7/3. https://doi.org/10.1109/ICMAS.1998.699251

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Agent-based artificial market model-the case study of de-facto standard on VCR market

Abstract

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