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

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

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Article ID: iaor20117511
Volume: 54
Issue: 7-8
Start Page Number: 1634
End Page Number: 1637
Publication Date: Oct 2011
Journal: Mathematical and Computer Modelling
Authors: , , ,
Keywords: behaviour
Abstract:

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.

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