Word-of-mouth marketing and enterprise strategies: a bottom-up diffusion model

A comprehensive simulation model is presented, aimed to show the dynamics of social diffusion based on the word of mouth (e.g.: viral marketing) over a social network of interconnected individuals. The model is build following a bottom-up approach and the agent based paradigm; this means that the dy...

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Main Author: Marco REMONDINO
Format: Article
Language:English
Published: Editura Fundatiei Romania de Maine 2011-06-01
Series:Annals of Spiru Haret University Economic Series
Subjects:
Online Access:http://anale.spiruharet.ro/index.php/economics/article/view/542
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author Marco REMONDINO
author_facet Marco REMONDINO
author_sort Marco REMONDINO
collection DOAJ
description A comprehensive simulation model is presented, aimed to show the dynamics of social diffusion based on the word of mouth (e.g.: viral marketing) over a social network of interconnected individuals. The model is build following a bottom-up approach and the agent based paradigm; this means that the dynamics of the diffusion is simulated in real time and generated at the micro level, not calculated by using mathematical formulas. This allows both to follow – step by step – the emergent process and to be able – if needed – to add complex behavior for the agents and analyze how this impacts the phenomenon at the macro level.
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spelling doaj.art-84ae4dd6f9e74a42b72ea7350a955fd12022-12-21T20:31:56ZengEditura Fundatiei Romania de MaineAnnals of Spiru Haret University Economic Series2393-17952011-06-01112101106542Word-of-mouth marketing and enterprise strategies: a bottom-up diffusion modelMarco REMONDINO0Prof. a contratto PhD Department of Business and Management University of Torino ItalyA comprehensive simulation model is presented, aimed to show the dynamics of social diffusion based on the word of mouth (e.g.: viral marketing) over a social network of interconnected individuals. The model is build following a bottom-up approach and the agent based paradigm; this means that the dynamics of the diffusion is simulated in real time and generated at the micro level, not calculated by using mathematical formulas. This allows both to follow – step by step – the emergent process and to be able – if needed – to add complex behavior for the agents and analyze how this impacts the phenomenon at the macro level.http://anale.spiruharet.ro/index.php/economics/article/view/542viral marketing, social diffusion, word of mouth, simulation
spellingShingle Marco REMONDINO
Word-of-mouth marketing and enterprise strategies: a bottom-up diffusion model
Annals of Spiru Haret University Economic Series
viral marketing, social diffusion, word of mouth, simulation
title Word-of-mouth marketing and enterprise strategies: a bottom-up diffusion model
title_full Word-of-mouth marketing and enterprise strategies: a bottom-up diffusion model
title_fullStr Word-of-mouth marketing and enterprise strategies: a bottom-up diffusion model
title_full_unstemmed Word-of-mouth marketing and enterprise strategies: a bottom-up diffusion model
title_short Word-of-mouth marketing and enterprise strategies: a bottom-up diffusion model
title_sort word of mouth marketing and enterprise strategies a bottom up diffusion model
topic viral marketing, social diffusion, word of mouth, simulation
url http://anale.spiruharet.ro/index.php/economics/article/view/542
work_keys_str_mv AT marcoremondino wordofmouthmarketingandenterprisestrategiesabottomupdiffusionmodel