Bayesia Market Simulator

Bayesian networks for market simulations

By using the bayesian networks constructed by BayesiaLab, Bayesia Market Simulator allows you defining scenarios and computing the market shares corresponding to the different offers you plan to launch.

• From a data base describing the some offer choices, use the powerful learning algorithms of BayesiaLab to automatically induce a probabilistic model of the offers' choice policies with respect to the market characteristics. Use your expert knowledge to modify or enrich the obtained bayesian network

• Associate a type for each variables of your Bayesian network (market variable, offer variable, choice variable), choose a file describing the market you want to use as simulation base, define your scenario by describing the offer characteristics you want to launch on the market, characterize the market segment you want to study
• Compute the market shares corresponding to the offers of your scenario and save the probability distribution over the offers for each line of your market file