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Journal ArticleDOI

Modelling competition in global LCD TV industry

Bi-Huei Tsai, +1 more
- 01 Sep 2011 - 
- Vol. 43, Iss: 22, pp 2969-2981
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TLDR
In this article, the authors analyzed global shipments of Liquid Crystal Display Televisions (LCD TVs) by considering mutualism among multiple generations of LCD TVs and applied the revised Lotka-Volterra equations to evaluate the dynamic competitive relationship among producers of 26-, 32-and 37-inch LCD TVs.
Abstract
This work analyses global shipments of Liquid Crystal Display Televisions (LCD TVs) by considering mutualism among multiple generations of LCD TVs. In applying the revised Lotka–Volterra equations, this study analyses the dynamic competitive relationship among producers of 26-, 32- and 37-inch LCD TVs. Equilibrium analysis is used to evaluate whether future shipment orbit could converge to equilibrium status. The prediction abilities of Bass growth model and Lotka–Volterra model are further compared to examine whether the Lotka–Volterra model, which incorporates the mutualism among multi-generation LCD TVs, performs better. The result shows that the relationships between 26- and 32-inch LCD TVs, and 37- and 32-inch LCD TVs are commensal. Sales of 32-inch LCD TVs are promoted by increased sales of 26- or 37-inch LCD TVs. Results of the equilibrium analysis indicate that competition among various sizes of LCD TVs will not be stable. The interactions among multiple generations of LCD TVs will influence each ...

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Citations
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Modeling diffusion of multi-generational LCD TVs while considering generation-specific price effects and consumer behaviors

TL;DR: In this article, a novel generation-specific multi-generational model for the first time incorporating heterogeneous price elasticity and consumer behaviors across various LCD TV sizes is constructed, and the authors apply nonlinear least square method to simulate the parameters of their modified model and further compare the accuracy between the modified model with the existing models.
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Competition and stability analyses among emissions, energy, and economy: Application for Mexico

TL;DR: In this article, the authors use Lotka-Volterra model for SUstainable development (LV-SUD) to analyse the interspecific interactions, equilibria and their stabilities among emissions, different types of energy consumption (renewable, nuclear, and fossil fuel), and real GDP, the main factors of sustainable development.
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Predicting the competitive relationships of industrial production between Taiwan and China using Lotka–Volterra model

TL;DR: In this article, the authors applied the Lotka-Volterra model combined with genetic algorithm (GA) to predict the production relationships of high-tech industry among different areas.
References
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Journal Article

Marketing for management.

TL;DR: The continuing convergence of the digital marketing and sales funnels has created a strategic continuum from digital lead generation to digital sales, which identifies the current composition of this digital continuum while providing opportunities to evaluate sales and marketing digital strategies.
Journal ArticleDOI

A New Product Growth for Model Consumer Durables

TL;DR: A growth model for the timing of initial purchase of new products is developed and tested empirically against data for eleven consumer durables, and a long-range forecast is developed for the sales of color television sets.
Book ChapterDOI

A new product growth model for consumer durables

Frank M. Bass
- 01 Jan 1976 - 
TL;DR: In this article, a growth model for the timing of initial purchase of new products is proposed, and a behavioral rationale for the model is offered in terms of innovative and imitative behavior.
Journal ArticleDOI

Product Differentiation and Market Segmentation as Alternative Marketing Strategies

TL;DR: The authors reviewed major marketing strategy alternatives that are available to planners and merchandisers of products in an environment characterized by imperfect competition and found that diversity or heterogeneity had become the rule rather than the exception.
Journal ArticleDOI

A diffusion theory model of adoption and substitution for successive generations of high-technology products

TL;DR: In this article, a new-product growth model for consumer durables is proposed, which encompasses both diffusion and substitution, and the forecasting properties of the model are demonstrated by estimating parameters over part of the data and projecting shipments for later periods.
Trending Questions (2)
What interface do LG TVS use?

Since this study incorporates the interactive relationships among various sizes of LCD TVs in the proposed Lotka–Volterra equations, the ability of the Lotka–Volterra model to predict the market evolution of LCD TVs is superior to that of the Bass model.

Do LCD tvs have capacitors?

Results of the equilibrium analysis indicate that competition among various sizes of LCD TVs will not be stable.