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Sales distribution of consumer electronics

  • Hisano, Ryohei
  • Mizuno, Takayuki
Registered author(s):

    Using the uniform most powerful unbiased test, we observed the sales distribution of consumer electronics in Japan on a daily basis and report that it follows both a lognormal distribution and a power-law distribution and depends on the state of the market. We show that these switches occur quite often. The underlying sales dynamics found between both periods nicely matched a multiplicative process. However, even though the multiplicative term in the process displays a size-dependent relationship when a steady lognormal distribution holds, it shows a size-independent relationship when the power-law distribution holds. This difference in the underlying dynamics is responsible for the difference in the two observed distributions.

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    File URL: http://www.sciencedirect.com/science/article/pii/S0378437110008332
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    Article provided by Elsevier in its journal Physica A: Statistical Mechanics and its Applications.

    Volume (Year): 390 (2011)
    Issue (Month): 2 ()
    Pages: 309-318

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    Handle: RePEc:eee:phsmap:v:390:y:2011:i:2:p:309-318
    Contact details of provider: Web page: http://www.journals.elsevier.com/physica-a-statistical-mechpplications/

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