6533b7d5fe1ef96bd1265368

RESEARCH PRODUCT

A discrete mathematical model for addictive buying: Predicting the affected population evolution

P. MerelloFrancisco-josé SantonjaLucas JódarI. García

subject

Multivariate statisticsMultivariate analysismedia_common.quotation_subjectPopulationMultivariant analysisAddictive buyingPopulation evolutionModelling and SimulationShort termEconometricsBuying behavioreducationmedia_commonDiscrete mathematical modeleducation.field_of_studyMathematical modelsMathematical modelAddictionModelingPopulation evolutionMultivariate statisticsCompartmental modelComputer Science ApplicationsTerm (time)Modeling and SimulationMultivariate statistical techniquesMultivariate statisticalMATEMATICA APLICADACompulsive buying

description

This paper deals with the construction of a discrete mathematical model for addictive buying. Firstly, identifications of consumers buying behavior are performed by using multivariate statistical techniques based on real data bases and sociological approaches. Then the population is divided into appropriate groups according to the level of overbuying and a discrete compartmental model is constructed. The future short term addicted population is computed assuming several future economic scenarios. © 2010 Elsevier Ltd.

yearjournalcountryeditionlanguage
2011-10-01
10.1016/j.mcm.2010.12.012https://dx.doi.org/10.1016/j.mcm.2010.12.012