A Dynamic Model of the Tragedy of the Commons in Marketing-Intensive Industries

Figure 5

Experimental example, with a barrier to sustain the market. Here, all the parameters and the initial states remain the same as the ones in Figure 2 (but the axes have been scaled differently). In addition, however, there is a barrier set up for the market maturity. This barrier keeps the market maturity factor 𝑀(𝑡) above 10. Arrows show the directions of the migration of the system state, which settles down to a fixed state, of which 𝑀(𝑡) corresponds to the barrier. In this instance, there is no cycle.