{"id":"https://openalex.org/W2055449165","doi":"https://doi.org/10.3390/g2010187","title":"Bounded Memory, Inertia, Sampling and Weighting Model for Market Entry Games","display_name":"Bounded Memory, Inertia, Sampling and Weighting Model for Market Entry Games","publication_year":2011,"publication_date":"2011-03-21","ids":{"openalex":"https://openalex.org/W2055449165","doi":"https://doi.org/10.3390/g2010187","mag":"2055449165"},"language":"en","primary_location":{"id":"doi:10.3390/g2010187","is_oa":true,"landing_page_url":"https://doi.org/10.3390/g2010187","pdf_url":"https://www.mdpi.com/2073-4336/2/1/187/pdf?version=1300713243","source":{"id":"https://openalex.org/S6552842","display_name":"Games","issn_l":"2073-4336","issn":["2073-4336"],"is_oa":true,"is_in_doaj":true,"is_core":true,"host_organization":"https://openalex.org/P4310310987","host_organization_name":"Multidisciplinary Digital Publishing Institute","host_organization_lineage":["https://openalex.org/P4310310987"],"host_organization_lineage_names":["Multidisciplinary Digital Publishing Institute"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Games","raw_type":"journal-article"},"type":"article","indexed_in":["crossref","doaj"],"open_access":{"is_oa":true,"oa_status":"gold","oa_url":"https://www.mdpi.com/2073-4336/2/1/187/pdf?version=1300713243","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5100689043","display_name":"Wei J. Chen","orcid":"https://orcid.org/0000-0001-5899-5870"},"institutions":[{"id":"https://openalex.org/I16733864","display_name":"National Taiwan University","ror":"https://ror.org/05bqach95","country_code":"TW","type":"education","lineage":["https://openalex.org/I16733864"]}],"countries":["TW"],"is_corresponding":true,"raw_author_name":"Wei Chen","raw_affiliation_strings":["Department of Economics, National Taiwan University, No.21 Hsu-Chow Rd., Taipei, Taiwan"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, National Taiwan University, No.21 Hsu-Chow Rd., Taipei, Taiwan","institution_ids":["https://openalex.org/I16733864"]}]},{"author_position":"middle","author":{"id":null,"display_name":"Shu-Yu Liu","orcid":null},"institutions":[{"id":"https://openalex.org/I16733864","display_name":"National Taiwan University","ror":"https://ror.org/05bqach95","country_code":"TW","type":"education","lineage":["https://openalex.org/I16733864"]}],"countries":["TW"],"is_corresponding":false,"raw_author_name":"Shu-Yu Liu","raw_affiliation_strings":["Department of Economics, National Taiwan University, No.21 Hsu-Chow Rd., Taipei, Taiwan"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, National Taiwan University, No.21 Hsu-Chow Rd., Taipei, Taiwan","institution_ids":["https://openalex.org/I16733864"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5051252074","display_name":"Chih-Han Chen","orcid":null},"institutions":[{"id":"https://openalex.org/I16733864","display_name":"National Taiwan University","ror":"https://ror.org/05bqach95","country_code":"TW","type":"education","lineage":["https://openalex.org/I16733864"]}],"countries":["TW"],"is_corresponding":false,"raw_author_name":"Chih-Han Chen","raw_affiliation_strings":["Department of Economics, National Taiwan University, No.21 Hsu-Chow Rd., Taipei, Taiwan"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, National Taiwan University, No.21 Hsu-Chow Rd., Taipei, Taiwan","institution_ids":["https://openalex.org/I16733864"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5058601146","display_name":"Yi-Shan Lee","orcid":null},"institutions":[{"id":"https://openalex.org/I16733864","display_name":"National Taiwan University","ror":"https://ror.org/05bqach95","country_code":"TW","type":"education","lineage":["https://openalex.org/I16733864"]}],"countries":["TW"],"is_corresponding":false,"raw_author_name":"Yi-Shan Lee","raw_affiliation_strings":["Department of Economics, National Taiwan University, No.21 Hsu-Chow Rd., Taipei, Taiwan"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, National Taiwan University, No.21 Hsu-Chow Rd., Taipei, Taiwan","institution_ids":["https://openalex.org/I16733864"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5100689043"],"corresponding_institution_ids":["https://openalex.org/I16733864"],"apc_list":{"value":1600,"currency":"CHF","value_usd":1782},"apc_paid":{"value":1600,"currency":"CHF","value_usd":1782},"fwci":8.7091,"has_fulltext":true,"cited_by_count":27,"citation_normalized_percentile":{"value":0.9727351,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":97},"biblio":{"volume":"2","issue":"1","first_page":"187","last_page":"199"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11674","display_name":"Sports Analytics and Performance","score":0.9994000196456909,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11674","display_name":"Sports Analytics and Performance","score":0.9994000196456909,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10646","display_name":"Experimental Behavioral Economics Studies","score":0.9973999857902527,"subfield":{"id":"https://openalex.org/subfields/3311","display_name":"Safety Research"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.9966999888420105,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/surprise","display_name":"Surprise","score":0.6055396199226379},{"id":"https://openalex.org/keywords/sample","display_name":"Sample (material)","score":0.5283982157707214},{"id":"https://openalex.org/keywords/bounded-rationality","display_name":"Bounded rationality","score":0.5253414511680603},{"id":"https://openalex.org/keywords/weighting","display_name":"Weighting","score":0.5040099024772644},{"id":"https://openalex.org/keywords/set","display_name":"Set (abstract data type)","score":0.4760279953479767},{"id":"https://openalex.org/keywords/stochastic-game","display_name":"Stochastic game","score":0.4686799645423889},{"id":"https://openalex.org/keywords/inertia","display_name":"Inertia","score":0.4464230537414551},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.43246713280677795},{"id":"https://openalex.org/keywords/sampling","display_name":"Sampling (signal processing)","score":0.4237290620803833},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.39403223991394043},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.30292829871177673},{"id":"https://openalex.org/keywords/mathematical-economics","display_name":"Mathematical economics","score":0.2888209819793701},{"id":"https://openalex.org/keywords/artificial-intelligence","display_name":"Artificial intelligence","score":0.2345694601535797},{"id":"https://openalex.org/keywords/psychology","display_name":"Psychology","score":0.14595627784729004},{"id":"https://openalex.org/keywords/social-psychology","display_name":"Social psychology","score":0.12273859977722168}],"concepts":[{"id":"https://openalex.org/C2780343955","wikidata":"https://www.wikidata.org/wiki/Q333173","display_name":"Surprise","level":2,"score":0.6055396199226379},{"id":"https://openalex.org/C198531522","wikidata":"https://www.wikidata.org/wiki/Q485146","display_name":"Sample (material)","level":2,"score":0.5283982157707214},{"id":"https://openalex.org/C58694771","wikidata":"https://www.wikidata.org/wiki/Q814385","display_name":"Bounded rationality","level":2,"score":0.5253414511680603},{"id":"https://openalex.org/C183115368","wikidata":"https://www.wikidata.org/wiki/Q856577","display_name":"Weighting","level":2,"score":0.5040099024772644},{"id":"https://openalex.org/C177264268","wikidata":"https://www.wikidata.org/wiki/Q1514741","display_name":"Set (abstract data type)","level":2,"score":0.4760279953479767},{"id":"https://openalex.org/C22171661","wikidata":"https://www.wikidata.org/wiki/Q1074380","display_name":"Stochastic game","level":2,"score":0.4686799645423889},{"id":"https://openalex.org/C110407247","wikidata":"https://www.wikidata.org/wiki/Q122508","display_name":"Inertia","level":2,"score":0.4464230537414551},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.43246713280677795},{"id":"https://openalex.org/C140779682","wikidata":"https://www.wikidata.org/wiki/Q210868","display_name":"Sampling (signal processing)","level":3,"score":0.4237290620803833},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.39403223991394043},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.30292829871177673},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.2888209819793701},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.2345694601535797},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.14595627784729004},{"id":"https://openalex.org/C77805123","wikidata":"https://www.wikidata.org/wiki/Q161272","display_name":"Social psychology","level":1,"score":0.12273859977722168},{"id":"https://openalex.org/C71924100","wikidata":"https://www.wikidata.org/wiki/Q11190","display_name":"Medicine","level":0,"score":0.0},{"id":"https://openalex.org/C74650414","wikidata":"https://www.wikidata.org/wiki/Q11397","display_name":"Classical mechanics","level":1,"score":0.0},{"id":"https://openalex.org/C106131492","wikidata":"https://www.wikidata.org/wiki/Q3072260","display_name":"Filter (signal processing)","level":2,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C31972630","wikidata":"https://www.wikidata.org/wiki/Q844240","display_name":"Computer vision","level":1,"score":0.0},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","level":1,"score":0.0},{"id":"https://openalex.org/C43617362","wikidata":"https://www.wikidata.org/wiki/Q170050","display_name":"Chromatography","level":1,"score":0.0},{"id":"https://openalex.org/C126838900","wikidata":"https://www.wikidata.org/wiki/Q77604","display_name":"Radiology","level":1,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.3390/g2010187","is_oa":true,"landing_page_url":"https://doi.org/10.3390/g2010187","pdf_url":"https://www.mdpi.com/2073-4336/2/1/187/pdf?version=1300713243","source":{"id":"https://openalex.org/S6552842","display_name":"Games","issn_l":"2073-4336","issn":["2073-4336"],"is_oa":true,"is_in_doaj":true,"is_core":true,"host_organization":"https://openalex.org/P4310310987","host_organization_name":"Multidisciplinary Digital Publishing Institute","host_organization_lineage":["https://openalex.org/P4310310987"],"host_organization_lineage_names":["Multidisciplinary Digital Publishing Institute"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Games","raw_type":"journal-article"},{"id":"pmh:oai:doaj.org/article:67f69ccfee984fe3a4b0daae1feff2cf","is_oa":true,"landing_page_url":"https://doaj.org/article/67f69ccfee984fe3a4b0daae1feff2cf","pdf_url":null,"source":{"id":"https://openalex.org/S4306401280","display_name":"DOAJ (DOAJ: Directory of Open Access Journals)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-sa","license_id":"https://openalex.org/licenses/cc-by-sa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Games, Vol 2, Iss 1, Pp 187-199 (2011)","raw_type":"article"},{"id":"pmh:oai:econstor.eu:10419/98517","is_oa":true,"landing_page_url":"http://hdl.handle.net/10419/98517","pdf_url":null,"source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:article"},{"id":"pmh:oai:mdpi.com:/2073-4336/2/1/187/","is_oa":true,"landing_page_url":"https://dx.doi.org/10.3390/g2010187","pdf_url":null,"source":{"id":"https://openalex.org/S4306400947","display_name":"MDPI (MDPI AG)","issn_l":null,"issn":null,"is_oa":true,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I4210097602","host_organization_name":"Multidisciplinary Digital Publishing Institute (Switzerland)","host_organization_lineage":["https://openalex.org/I4210097602"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Games; Volume 2; Issue 1; Pages: 187-199","raw_type":"Text"}],"best_oa_location":{"id":"doi:10.3390/g2010187","is_oa":true,"landing_page_url":"https://doi.org/10.3390/g2010187","pdf_url":"https://www.mdpi.com/2073-4336/2/1/187/pdf?version=1300713243","source":{"id":"https://openalex.org/S6552842","display_name":"Games","issn_l":"2073-4336","issn":["2073-4336"],"is_oa":true,"is_in_doaj":true,"is_core":true,"host_organization":"https://openalex.org/P4310310987","host_organization_name":"Multidisciplinary Digital Publishing Institute","host_organization_lineage":["https://openalex.org/P4310310987"],"host_organization_lineage_names":["Multidisciplinary Digital Publishing Institute"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Games","raw_type":"journal-article"},"sustainable_development_goals":[],"awards":[{"id":"https://openalex.org/G254472504","display_name":null,"funder_award_id":"99-2410-H-002-060-MY3","funder_id":"https://openalex.org/F4320321040","funder_display_name":"National Science Council"},{"id":"https://openalex.org/G7854656902","display_name":null,"funder_award_id":"NSC 98-2410-H-002-069-MY2","funder_id":"https://openalex.org/F4320321040","funder_display_name":"National Science Council"},{"id":"https://openalex.org/G8737284672","display_name":null,"funder_award_id":"NSC 99","funder_id":"https://openalex.org/F4320321040","funder_display_name":"National Science Council"}],"funders":[{"id":"https://openalex.org/F4320321040","display_name":"National Science Council","ror":"https://ror.org/02kv4zf79"},{"id":"https://openalex.org/F4320323900","display_name":"National Taiwan University","ror":"https://ror.org/05bqach95"}],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2055449165.pdf","grobid_xml":"https://content.openalex.org/works/W2055449165.grobid-xml"},"referenced_works_count":10,"referenced_works":["https://openalex.org/W1564229172","https://openalex.org/W1984314602","https://openalex.org/W2013660131","https://openalex.org/W2096348520","https://openalex.org/W2109675920","https://openalex.org/W2148962857","https://openalex.org/W2151826504","https://openalex.org/W2579555219","https://openalex.org/W2745547123","https://openalex.org/W6633940122"],"related_works":["https://openalex.org/W4236382845","https://openalex.org/W2476994687","https://openalex.org/W642988558","https://openalex.org/W2324507472","https://openalex.org/W1999899047","https://openalex.org/W2173353921","https://openalex.org/W2810824260","https://openalex.org/W4385750187","https://openalex.org/W3214081781","https://openalex.org/W2937605437"],"abstract_inverted_index":{"This":[0],"paper":[1],"describes":[2],"the":[3,14,25,34,53,70,80,108,116,135,145,162,168,171,180,184],"\u201cBounded":[4],"Memory,":[5],"Inertia,":[6],"Sampling":[7],"and":[8,95,98,119,155,166],"Weighting\u201d":[9],"(BI-SAW)":[10],"model,":[11],"which":[12],"won":[13],"http://sites.google.com/site/gpredcomp/Market":[15],"Entry":[16],"Prediction":[17],"Competition":[18],"in":[19,141,148],"2010.":[20],"The":[21],"BI-SAW":[22],"model":[23,106],"refines":[24],"I-SAW":[26,81,146],"Model":[27],"(Erev":[28],"et":[29],"al.":[30],"[1])":[31],"by":[32,115,134],"adding":[33],"assumption":[35],"of":[36,56,66,79,89,111,125,129,150,170,173],"limited":[37],"memory":[38],"span.":[39],"In":[40],"particular,":[41],"we":[42,73],"assume":[43],"when":[44],"players":[45],"draw":[46],"a":[47,86,126],"small":[48,87],"sample":[49,88],"to":[50,122,160],"weight":[51],"against":[52],"average":[54],"payoff":[55],"all":[57,75,183],"past":[58,67,90],"experience,":[59],"they":[60],"can":[61],"only":[62],"recall":[63],"6":[64],"trials":[65],"experience.":[68],"On":[69],"other":[71,76],"hand,":[72],"keep":[74],"key":[77],"features":[78],"model:":[82],"(1)":[83],"Reliance":[84],"on":[85],"experiences,":[91],"(2)":[92],"Strong":[93],"inertia":[94],"recency":[96],"effects,":[97],"(3)":[99],"Surprise":[100],"triggers":[101],"change.":[102],"We":[103,137],"estimate":[104],"this":[105],"using":[107],"first":[109],"set":[110,128,165],"experimental":[112,174],"results":[113,124],"run":[114],"competition":[117],"organizers,":[118],"use":[120],"it":[121],"predict":[123],"second":[127],"similar":[130],"experiments":[131],"later":[132],"ran":[133],"organizers.":[136],"find":[138],"significant":[139],"improvement":[140],"out-of-sample":[142],"predictability":[143],"(against":[144],"model)":[147],"terms":[149],"smaller":[151],"mean":[152],"normalized":[153],"MSD,":[154],"such":[156],"result":[157],"is":[158,179],"robust":[159],"resampling":[161],"predicted":[163],"game":[164],"reversing":[167],"role":[169],"sets":[172],"results.":[175],"Our":[176],"model\u2019s":[177],"performance":[178],"best":[181],"among":[182],"participants.":[185]},"counts_by_year":[{"year":2025,"cited_by_count":2},{"year":2023,"cited_by_count":2},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":2},{"year":2019,"cited_by_count":2},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":3},{"year":2014,"cited_by_count":2},{"year":2013,"cited_by_count":3},{"year":2012,"cited_by_count":3}],"updated_date":"2026-07-23T08:03:31.855105","created_date":"2016-06-24T00:00:00"}
