教師資料查詢 | 類別: 期刊論文 | 教師: 池秉聰 Chih, Ping-tsung (瀏覽個人網頁)

標題:Non-Price Competition in a Modular Economy. An Agent-Based Computational Model
學年102
學期1
出版(發表)日期2013/12/01
作品名稱Non-Price Competition in a Modular Economy. An Agent-Based Computational Model
作品名稱(其他語言)
著者Chie, Bin-Tzong; Chen, Shu-Heng
單位淡江大學產業經濟學系
出版者Bologna: Societa Editrice Il Mulino
著錄名稱、卷期、頁數Economia Politica 30(3), pp.273-300
摘要While it has been well acknowledged by economists for a long time that competition is not just about price, the conventional quantity-based economic models have had difficulties integrating price competition and quality competition into a coherent framework. In this paper, motivated by Herbert Simon's view of near decomposability or modularity, we propose a quality-based economic model called the modular economy. In this modular economy, quality is manifested by the evolutionary design of more sophisticated and customized products that can satisfy consumers' satisfaction to a higher degree. Two essential features of the modular economy are founded through the agent-based simulation of a duopolistic competition. First, market competition tends to be self-annihilating; the competition will eventually end up with a dominant or a monopoly firm (conglomerate). Second, the high-markup firm has a better chance to be the only survivor than its low-markup competitor. We analyze these features through the complex cyclical dynamics of prices, profits, dividends, investment, working capital, and quality.
關鍵字
語言英文
ISSN1120-2890
期刊性質國外
收錄於SSCI;
產學合作
通訊作者Chen, Shu-Heng
審稿制度
國別義大利
公開徵稿
出版型式,紙本
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