Research on the Complexity Mechanism of Decoy Strategies Based on Multiagent Simulation

Competition and diffusion of products are of great significance to companies. In this study, various true decoy strategies are constructed using different combinations of price and quality. This paper then analyzes the performance of strategies using different product competition and diffusion scena...

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Main Authors: Zhen Li, Xiaoyu Bao, Qingfeng Meng, Pengqun Shen
Format: Article
Language:English
Published: Wiley 2020-01-01
Series:Complexity
Online Access:http://dx.doi.org/10.1155/2020/4752986
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author Zhen Li
Xiaoyu Bao
Qingfeng Meng
Pengqun Shen
author_facet Zhen Li
Xiaoyu Bao
Qingfeng Meng
Pengqun Shen
author_sort Zhen Li
collection DOAJ
description Competition and diffusion of products are of great significance to companies. In this study, various true decoy strategies are constructed using different combinations of price and quality. This paper then analyzes the performance of strategies using different product competition and diffusion scenarios. The influences of neighbor nodes, reconnection probability, and herd mentality on decoy effects are explored. The results show that setting an appropriate true decoy can enhance the competitiveness of a target product to some extent. Conversely, an inappropriate decoy strategy will play a negative role, encroaching on market share. In terms of effects, changes in neighbor nodes, reconnection probability, and herd mentality will not influence the direction of the evolution of a product for the same true decoy strategies. However, the speed of evolution will be affected. These findings provide a theoretical basis for enterprises taking action to enhance product competitiveness in the market.
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institution Kabale University
issn 1076-2787
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language English
publishDate 2020-01-01
publisher Wiley
record_format Article
series Complexity
spelling doaj-art-d85e458ea5974deeb947a522d5f502022025-02-03T01:05:22ZengWileyComplexity1076-27871099-05262020-01-01202010.1155/2020/47529864752986Research on the Complexity Mechanism of Decoy Strategies Based on Multiagent SimulationZhen Li0Xiaoyu Bao1Qingfeng Meng2Pengqun Shen3School of Management, Jiangsu University, Zhenjiang 212013, ChinaSchool of Management, Jiangsu University, Zhenjiang 212013, ChinaSchool of Management, Jiangsu University, Zhenjiang 212013, ChinaSchool of Management, Jiangsu University, Zhenjiang 212013, ChinaCompetition and diffusion of products are of great significance to companies. In this study, various true decoy strategies are constructed using different combinations of price and quality. This paper then analyzes the performance of strategies using different product competition and diffusion scenarios. The influences of neighbor nodes, reconnection probability, and herd mentality on decoy effects are explored. The results show that setting an appropriate true decoy can enhance the competitiveness of a target product to some extent. Conversely, an inappropriate decoy strategy will play a negative role, encroaching on market share. In terms of effects, changes in neighbor nodes, reconnection probability, and herd mentality will not influence the direction of the evolution of a product for the same true decoy strategies. However, the speed of evolution will be affected. These findings provide a theoretical basis for enterprises taking action to enhance product competitiveness in the market.http://dx.doi.org/10.1155/2020/4752986
spellingShingle Zhen Li
Xiaoyu Bao
Qingfeng Meng
Pengqun Shen
Research on the Complexity Mechanism of Decoy Strategies Based on Multiagent Simulation
Complexity
title Research on the Complexity Mechanism of Decoy Strategies Based on Multiagent Simulation
title_full Research on the Complexity Mechanism of Decoy Strategies Based on Multiagent Simulation
title_fullStr Research on the Complexity Mechanism of Decoy Strategies Based on Multiagent Simulation
title_full_unstemmed Research on the Complexity Mechanism of Decoy Strategies Based on Multiagent Simulation
title_short Research on the Complexity Mechanism of Decoy Strategies Based on Multiagent Simulation
title_sort research on the complexity mechanism of decoy strategies based on multiagent simulation
url http://dx.doi.org/10.1155/2020/4752986
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AT xiaoyubao researchonthecomplexitymechanismofdecoystrategiesbasedonmultiagentsimulation
AT qingfengmeng researchonthecomplexitymechanismofdecoystrategiesbasedonmultiagentsimulation
AT pengqunshen researchonthecomplexitymechanismofdecoystrategiesbasedonmultiagentsimulation