An Absorbing Markov Chain Model for Estimating Consumers' Shop-around Effect on Shopping Districts
An Absorbing Markov Chain Model for Estimating Consumers' Shop-around Effect on Shopping Districts
复制标题
估计消费者购物区货比三家效应的吸收马尔可夫链模型
DOI:
10.11361/journalcpij.19.289
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发表时间:
1984
期刊:
影响因子:
--
通讯作者:
Toru Sakamoto
中科院分区:
文献类型:
--
作者:
Toru Sakamoto
Using Markov chain model, we formulate the shop-around effect on a shopping district as the net increment of expected frequency of consumers’ visits to the district caused by their shop-around behaviors and derive its estimation method. The estimated result of shop-around effects is given in Nobeoka City, Miyazaki. It is shown that these measures are useful for evaluating and planning the structure of retail districts.