A Market Share Theorem
A Market Share Theorem
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In our eReader you can find the full English version of the book. Read A Market Share Theorem Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book A Market Share Theorem
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In fact, one could consider A^, A^... , A^ to be the attractions of a number of different product classes which compete with each other for consumers. For instance, A^ may represent the total attraction of radios, A^ televison sets, A3 stereo systems, and so on. One might postulate a different model for computing the share of the electronic media market held by each of these product classes. Combining this with our model for individual sellers within a segment provides a more sophisticated comp...etitive model.
Assumptions Al - A4 essentially make a(-) an unnormalized probability function on the set of sellers. For an alternative axiomation that closely parallels probability, see the Appendix. Market share, on the other hand, satisfies all the axioms of probability theory and so, mathematically speak- ing, is a probability function defined on the set of sellers. The statement of the assumptions and results is in terms of market share, but the term "prob- ability of purchase" could clearly be substituted without affecting the mathematical 15.
What to read after A Market Share Theorem?
You can find similar books in the "Read Also" column, or choose other free books by David E Bell to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
In fact, one could consider A^, A^... , A^ to be the attractions of a number of different product classes which compete with each other for consumers. For instance, A^ may represent the total attraction of radios, A^ televison sets, A3 stereo systems, and so on. One might postulate a different model for computing the share of the electronic media market held by each of these product classes. Combining this with our model for individual sellers within a segment provides a more sophisticated comp...etitive model.
Assumptions Al - A4 essentially make a(-) an unnormalized probability function on the set of sellers. For an alternative axiomation that closely parallels probability, see the Appendix. Market share, on the other hand, satisfies all the axioms of probability theory and so, mathematically speak- ing, is a probability function defined on the set of sellers. The statement of the assumptions and results is in terms of market share, but the term "prob- ability of purchase" could clearly be substituted without affecting the mathematical 15.
What to read after A Market Share Theorem?
You can find similar books in the "Read Also" column, or choose other free books by David E Bell to read onlineMoreLess
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