Article ID Journal Published Year Pages File Type
980314 Procedia Economics and Finance 2012 10 Pages PDF
Abstract

Nonlinear dynamic model has been suggested for assessing and predicting the number of social network users. It was shown that Maurer and Huberman's model describes the dynamics of users quite well in the short term. But the appearance of new services and changes in network strategy shift the parameters of system, which significantly affects to users’ dynamics in the long-term. So the objective of the study was the modeling of the number of social network users in the long-term. The results have shown that the introduction of variable coefficients allows to describe the dynamics of real data more qualitative – the system can have several stable states of equilibrium; dynamics depends on the competitors’ strategies; the final state of the system is sensitive to initial conditions.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics