Competition among companies: coexistence and extinction

DOI10.1016/S0378-4371(02)01195-0zbMATH Open1001.91035arXivcond-mat/0202088WikidataQ62521617 ScholiaQ62521617MaRDI QIDQ1847477FDOQ1847477

Authors: Marcelo N. Kuperman, Horacio Sergio Wio 

Publication date: 26 November 2002

Published in: Physica A (Search for Journal in Brave)

Abstract: We study a spatially homogeneous model of a market where several agents or companies compete for a wealth resource. In analogy with ecological systems the simplest case of such models shows a kind of "competitive exclusion" principle. However, the inclusion of terms corresponding for instance to "company efficiency" or to (ecological) "intracompetition" shows that, if the associated parameter overcome certain threshold values, the meaning of "strong" and "weak" companies should be redefined. Also, by adequately adjusting such a parameter, a company can induce the "extinction" of one or more of its competitors.

Full work available at URL: https://arxiv.org/abs/cond-mat/0202088

Recommendations

• scientific article; zbMATH DE number 5732202
• Biodiversity through co-opetition
• General numerical model of the competition life cycle: from physics to economy
• Competition with evolution in ecology and finance
• Competitive dynamics of web sites

zbMATH Keywords

competitive exclusion principlethreshold valuesspatially homogeneous market model

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26)

Cites Work

• Title not available (Why is that?)
• Title not available (Why is that?)
• Title not available (Why is that?)
• Title not available (Why is that?)
• An exact analytical solution of a three-component model for competitive coexistence
• Persistence of the weaker species in a non-homogeneous competitive system: Exact result through a quantum mechanical analogy

Cited In (5)

• Effects of regulation on a self-organized market
• Biodiversity through co-opetition
• General numerical model of the competition life cycle: from physics to economy
• The principle of competitive survival
• Competition with evolution in ecology and finance

This page was built for publication: Competition among companies: coexistence and extinction

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q1847477)