Digital Library

of the European Council for Modelling and Simulation

Title:

Tracking Business Trends – Dilemmas Of Measurement

Authors:

Peter Juhasz, Janos Szaz, Kata Varadi, Agnes Vidovics-Dancs

Published in:

(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

30^th European Conference on Modelling and Simulation,

Regensburg Germany, May 31^st – June 3^rd, 2016

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

DOI:

http://dx.doi.org/10.7148/2016-0217

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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