An investigation of the effect of using anticipation in a technological substitution model

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Whether a new technology can successfully compete against an established one, and either hold its own or indeed replace the older technology depends on many factors, not least of which is the ability of the innovators to anticipate how the market and the existing firms will react to the newcomer. In this paper, we describe and contrast the behaviours of a quadratic recurrence relation derived from a Lotka-Volterra competition model with that of a similar system which has an anticipatory capability.

Original languageEnglish
Title of host publicationComputing Anticipatory Systems - CASYS'07 - Eighth International Conference
Pages166-176
Number of pages11
DOIs
Publication statusPublished - 2008
Event8th International Conference on Computing Anticipatory Systems, CASYS'07 - Liege, Belgium
Duration: 6 Aug 200711 Aug 2007

Publication series

NameAIP Conference Proceedings
Volume1051
ISSN (Print)0094-243X
ISSN (Electronic)1551-7616

Conference

Conference8th International Conference on Computing Anticipatory Systems, CASYS'07
Country/TerritoryBelgium
CityLiege
Period6/08/0711/08/07

Keywords

  • Anticipative control
  • Technology substitution
  • Two species competitive model
  • Weak anticipation

Fingerprint

Dive into the research topics of 'An investigation of the effect of using anticipation in a technological substitution model'. Together they form a unique fingerprint.

Cite this