The purpose of this paper is to present the method of foresighted monitoring. This method is based on a multivariate state space model. Three time series were used as the input data for the chosen model. The data comprise the development of the monthly market shares of the end-of-month volume of...

Purpose – The purpose of this paper is to present a method of forecasting the development of the market shares of competitors in a pursuit race. Design/methodology/approach – The statistical concept of co‐integration is applied to a state space model in order to operationalize the pursuit...