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Digital
Library of the European Council for Modelling and Simulation |
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Title: |
Tracking
Business Trends – Dilemmas Of Measurement |
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Authors: |
Peter Juhasz,
Janos Szaz, Kata Varadi, Agnes Vidovics-Dancs |
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Published in:
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(2016).ECMS 2016 Proceedings edited
by: Thorsen Claus, Frank Herrmann, Michael Manitz, Oliver Rose, European Council for Modeling and
Simulation. doi:10.7148/2016 ISBN:
978-0-9932440-2-5 30th
European Conference on Modelling and Simulation, Regensburg Germany, May 31st
– June 3rd, 2016 |
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Citation
format: |
Peter Juhasz,
Janos Szaz, Kata Varadi, Agnes Vidovics-Dancs
(2016). Tracking Business Trends – Dilemmas Of Measurement, ECMS 2016
Proceedings edited by: Thorsten Claus, Frank Herrmann, Michael Manitz, Oliver Rose European
Council for Modeling and Simulation. doi:10.7148/2016-0217 |
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DOI: |
http://dx.doi.org/10.7148/2016-0217 |
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Abstract: |
Corporate performance may be tracked
using various measures. Our model simulating the behaviour
of a simple firm underlines that the choice on measurement unit determines
what distortions we will face so based on different measures we may end up
identifying completely different cycles. On the top of that, these cycles
would radically modify if firms within the given industry would change their
strategy towards the same direction or when structural changes happen in the economy.
This may end in researchers analyzing nonexisting cycle
changes. |
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Full
text: |
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