Market Share

[aalto-comnet]

Hi!

For the networke model of chapter 10, in this part that is shown in the attachment, how can I add an additional variable, named "Product 3 Share of Installed Base" for example, with a pre-specified share of the installed base for each time step?

Thanks!

[tomfid]

If Prod3share is fixed, that implies that there's an installed base for prod 3 that has a fixed relationship to the installed bases for 1 and 2. So, you could modify this so that:

Total Installed Base = (Installed base prod 1 + installed base prod 2)/(1-Prod3share)