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Phase Transitions in Retailing: Modeling Retail Fashion Tipping Points as Complex Systems

In: Advances in National Brand and Private Label Marketing

Author

Listed:
  • Steven D’Alessandro

    (Charles Sturt University)

  • Morgan Miles

    (Charles Sturt University)

  • Terry Bossomaier

    (Charles Sturt University)

Abstract

Tipping points occur in many natural and socio-economic systems, and may have serious implications when they occur. Changes in retail market structure and the development of new markets, we argue, can also be studied from the perspective of complex systems using insights from biology and physics. In this review, we discuss the theory of tipping points, or more accurately, phase transitions and how they may be identified and predicted both mathematically and by pattern recognition

Suggested Citation

  • Steven D’Alessandro & Morgan Miles & Terry Bossomaier, 2019. "Phase Transitions in Retailing: Modeling Retail Fashion Tipping Points as Complex Systems," Springer Proceedings in Business and Economics, in: Francisco J. Martínez-López & Juan Carlos Gázquez-Abad & Anne Roggeveen (ed.), Advances in National Brand and Private Label Marketing, pages 43-49, Springer.
    • Handle: RePEc:spr:prbchp:978-3-030-18911-2_6
    DOI: 10.1007/978-3-030-18911-2_6
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    Cited by:

    1. Polese, Francesco & Payne, Adrian & Frow, Pennie & Sarno, Debora & Nenonen, Suvi, 2021. "Emergence and phase transitions in service ecosystems," Journal of Business Research, Elsevier, vol. 127(C), pages 25-34.

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