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A Dynamical Model of Decision-Making Behavior in a Network of Consumers with Applications to Energy Choices.
 

Summary: A Dynamical Model of Decision-Making Behavior in a Network of
Consumers with Applications to Energy Choices.
N. J. McCullen*
School of Mathematics, University of Leeds
Leeds, LS2 9JT, United Kingdom
n.j.mccullen@leeds.ac.uk
M. V. Ivanchenko
School of Mathematics, University of Leeds
Leeds, LS2 9JT, United Kingdom
ivanchen@maths.leeds.ac.uk
V. D. Shalfeev
Department of Radiophysics, Nizhny Novgorod University
23 Gagarin Avenue, 603600 Nizhny Novgorod, Russia
shalfeev@rf.unn.ru
W. F. Gale
School of Process, Environmental and Materials Engineering, University of Leeds
Leeds, LS2 9JT, United Kingdom.
A consumer behavior model is considered in the context of a network of interacting individuals
in an energy market. We propose and analyze a simple dynamical model of an ensemble of
coupled active elements mimicking consumers' behavior, where "word-of-mouth" interactions

  

Source: Aickelin, Uwe - School of Computer Science, University of Nottingham

 

Collections: Computer Technologies and Information Sciences