Table 8 Observed indicators at \(t=50\) for baseline and modified setups, parameters modified individually. In brackets, difference with baseline values (as indicators are normalised to represent percentages of the population, this difference represent the increase in the respective proportions). The effects of intention gains on purchases when network-related parameters are modified is strictly higher as more dimensions are considered. Conversely, the effects when the \(\pi\) parameter is modified do not appear to be dependent on the number of dimensions considered
From: The diffusion of goods with multiple characteristics and price premiums: an agent-based model
Indicator | Baseline setup | distance-influence \(=2\) | random-consumer-links \(=1\) | price-premium = 0.05 |
|---|---|---|---|---|
intention1D | 79.88 | 90.42 (10.54) | 89.48 (9.6) | 85.18 (5.3) |
purchases1D | 89.24 | 90.44 (1.2) | 89.80 (0.56) | 94.22 (4.98) |
intention2D | 51.18 | 87.90 (36.72) | 84.84 (33.66) | 55.94 (4.76) |
purchases2D | 73.26 | 80.04 (6.78) | 79.34 (6.08) | 83.56 (10.3) |
intention3D | 16.58 | 64.24 (47.66) | 61.86 (45.28) | 19.82 (3.24) |
purchases3D | 46.20 | 66.10 (19.9) | 64.52 (18.32) | 57.00 (10.8) |
intention4D | 1.10 | 22.36 (21.26) | 21.72 (20.62) | 3.12 (2.02) |
purchases4D | 14.82 | 36.96 (22.14) | 37.22 (22.4) | 20.86 (6.04) |