Predicting resilience in retailing using grey theory and moving probability based Markov models

Volume: 62, Pages: 102599 - 102599
Published: Sep 1, 2021
Abstract
The level of resilience for an urban retail system is referred to as the ability of diverse types of retailing to adjust to any modifications, crises or shocks, which can adversely influence the system equilibrium, without compromising on performing its’ functions in a viable way. We use the case of retailing in an urban environment, considering a town center, and observed the resilience factors in retailing. Apart from that, we propose a...
Paper Details
Title
Predicting resilience in retailing using grey theory and moving probability based Markov models
Published Date
Sep 1, 2021
Volume
62
Pages
102599 - 102599
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