Matches in SemOpenAlex for { <https://semopenalex.org/work/W1547737260> ?p ?o ?g. }
- W1547737260 abstract "Forecasting product demand is an important yet challenging planning tool for many industries. It is particularly challenging in industries that feature highly innovative products such as songs or movies in the entertainment industry. The challenge arises from the fact that, since products are highly innovative and thus very distinct, not many comparisons can be drawn from the success of previous products. We propose a novel approach for modeling the decay rate of a product’s demand using the predictive power of online virtual stock markets (VSMs). VSMs are online communities that, in a market-like fashion, gather the crowds’ opinion about a particular product. We use functional data analysis techniques to capture the pattern of pre-release VSM trading values and hence predict a product’s post-release revenue decay. Since both the predictor and response are functional, we first decompose the VSM and decay data using functional shape analysis, and then apply non-linear methods, such as boosting or neural networks, to predict their relationship. We show that this approach provides superior predictive accuracy in comparison to standard methods. Finally, we develop graphical methods to aid in understanding the relationship between a movie’s VSM history and its final box office revenue pattern. These plots show that different patterns in the VSM curves can result in very different box office returns." @default.
- W1547737260 created "2016-06-24" @default.
- W1547737260 creator A5028666560 @default.
- W1547737260 creator A5028919793 @default.
- W1547737260 creator A5064673291 @default.
- W1547737260 date "2008-01-01" @default.
- W1547737260 modified "2023-09-27" @default.
- W1547737260 title "Functional Forecasting of Demand Decay Rates using Online Virtual Stock Markets" @default.
- W1547737260 cites W1480376833 @default.
- W1547737260 cites W1489134544 @default.
- W1547737260 cites W1550077127 @default.
- W1547737260 cites W1997750495 @default.
- W1547737260 cites W2017059355 @default.
- W1547737260 cites W2024046085 @default.
- W1547737260 cites W2056592727 @default.
- W1547737260 cites W2090475745 @default.
- W1547737260 cites W2091544140 @default.
- W1547737260 cites W2104083611 @default.
- W1547737260 cites W2110665505 @default.
- W1547737260 cites W2113880421 @default.
- W1547737260 cites W2119737213 @default.
- W1547737260 cites W2121528072 @default.
- W1547737260 cites W2133469585 @default.
- W1547737260 cites W2140728436 @default.
- W1547737260 cites W2144487825 @default.
- W1547737260 cites W2149993944 @default.
- W1547737260 cites W2152927237 @default.
- W1547737260 cites W2153675946 @default.
- W1547737260 cites W2156566828 @default.
- W1547737260 cites W2159346038 @default.
- W1547737260 cites W2166436346 @default.
- W1547737260 cites W2168227955 @default.
- W1547737260 cites W2176801670 @default.
- W1547737260 cites W2213558230 @default.
- W1547737260 cites W2220173177 @default.
- W1547737260 cites W2797583072 @default.
- W1547737260 cites W3014310718 @default.
- W1547737260 cites W3122002788 @default.
- W1547737260 cites W3123110074 @default.
- W1547737260 cites W632212140 @default.
- W1547737260 hasPublicationYear "2008" @default.
- W1547737260 type Work @default.
- W1547737260 sameAs 1547737260 @default.
- W1547737260 citedByCount "1" @default.
- W1547737260 countsByYear W15477372602020 @default.
- W1547737260 crossrefType "journal-article" @default.
- W1547737260 hasAuthorship W1547737260A5028666560 @default.
- W1547737260 hasAuthorship W1547737260A5028919793 @default.
- W1547737260 hasAuthorship W1547737260A5064673291 @default.
- W1547737260 hasConcept C10138342 @default.
- W1547737260 hasConcept C127413603 @default.
- W1547737260 hasConcept C136764020 @default.
- W1547737260 hasConcept C149782125 @default.
- W1547737260 hasConcept C151730666 @default.
- W1547737260 hasConcept C162324750 @default.
- W1547737260 hasConcept C195487862 @default.
- W1547737260 hasConcept C204036174 @default.
- W1547737260 hasConcept C2524010 @default.
- W1547737260 hasConcept C2777852691 @default.
- W1547737260 hasConcept C2780299701 @default.
- W1547737260 hasConcept C2780762169 @default.
- W1547737260 hasConcept C33923547 @default.
- W1547737260 hasConcept C37616216 @default.
- W1547737260 hasConcept C38652104 @default.
- W1547737260 hasConcept C41008148 @default.
- W1547737260 hasConcept C78519656 @default.
- W1547737260 hasConcept C86803240 @default.
- W1547737260 hasConcept C90673727 @default.
- W1547737260 hasConceptScore W1547737260C10138342 @default.
- W1547737260 hasConceptScore W1547737260C127413603 @default.
- W1547737260 hasConceptScore W1547737260C136764020 @default.
- W1547737260 hasConceptScore W1547737260C149782125 @default.
- W1547737260 hasConceptScore W1547737260C151730666 @default.
- W1547737260 hasConceptScore W1547737260C162324750 @default.
- W1547737260 hasConceptScore W1547737260C195487862 @default.
- W1547737260 hasConceptScore W1547737260C204036174 @default.
- W1547737260 hasConceptScore W1547737260C2524010 @default.
- W1547737260 hasConceptScore W1547737260C2777852691 @default.
- W1547737260 hasConceptScore W1547737260C2780299701 @default.
- W1547737260 hasConceptScore W1547737260C2780762169 @default.
- W1547737260 hasConceptScore W1547737260C33923547 @default.
- W1547737260 hasConceptScore W1547737260C37616216 @default.
- W1547737260 hasConceptScore W1547737260C38652104 @default.
- W1547737260 hasConceptScore W1547737260C41008148 @default.
- W1547737260 hasConceptScore W1547737260C78519656 @default.
- W1547737260 hasConceptScore W1547737260C86803240 @default.
- W1547737260 hasConceptScore W1547737260C90673727 @default.
- W1547737260 hasLocation W15477372601 @default.
- W1547737260 hasOpenAccess W1547737260 @default.
- W1547737260 hasPrimaryLocation W15477372601 @default.
- W1547737260 hasRelatedWork W2029727871 @default.
- W1547737260 hasRelatedWork W2099324983 @default.
- W1547737260 hasRelatedWork W2110351804 @default.
- W1547737260 hasRelatedWork W2120193708 @default.
- W1547737260 hasRelatedWork W2201296917 @default.
- W1547737260 hasRelatedWork W2220173177 @default.
- W1547737260 hasRelatedWork W2249458377 @default.
- W1547737260 hasRelatedWork W2356576532 @default.
- W1547737260 hasRelatedWork W2512152578 @default.
- W1547737260 hasRelatedWork W2582845301 @default.