The Emergence and Collapse of Market-dominant Products Yusuke Koyama, Sobei H. Oda
Abstract
	his paper describes how marketable commodities change as new products appear one after another. In these circumstances sellers and buyers must follow some heuristic rules. This paper presents a small model and some results of simulations, which suggest that although the dynamics of sellers' and buyers' surpluses is mostly explained by the value of their behavioural parameters, which product is marketable in the long run can be affected crucially by the order in which new products appear and certain stochastic variables.

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