• 제목/요약/키워드: Competition Structure

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포스트 IMF 시대 경쟁 논리의 내면화 양상 연구 - IMF 이후 서바이벌 프로그램의 변화 양상을 중심으로 (Study on Internalization of Post-IMF Era's Competition Logic - Focusing on the Changes of Survival Program Since IMF Era)

  • 박인성
    • 한국콘텐츠학회논문지
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    • 제19권2호
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    • pp.591-604
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    • 2019
  • 본 연구는 IMF 이후의 시대성 내부에서 경쟁의 논리가 내면화되고 정교해지는 과정을 서바이벌 프로그램의 계보를 통해서 점검하기 위한 것이다. IMF 사태에 대한 극복의 서사가 공동체주의와 개인의 성공 사이에서 충분히 화해 가능한 서사 모델들을 발견했다면, 거꾸로 포스트 IMF는 경쟁과 관련된 특유의 정서적 구조를 드러내는 재난적 리얼리티에 기초하고 있다. 따라서 본 연구는 재난적 리얼리티를 서바이벌의 형식과 그러한 형식에 내포된 서사적 구조를 통해서 구성되어가는 과정을 살펴보는 것이기도 하다. 본 연구는 서바이벌 프로그램의 변화와 그에 따른 서사적 변화를 추적하기 위한 통시적인 흐름을 재구성하였다. 힐링-멘토의 시기에 상대적으로 서바이벌 프로그램은 쇠퇴하는 것처럼 보이지만 오히려 힐링-멘토 담론에 내포되어 있는 자기계발의 논리를 통해서 새로운 과도기를 마련한 것처럼 보인다. 사회나 구조보다도 개인의 자기계발 논리에 경유하면서, 서바이벌에 내재된 경쟁의 리얼리티는 더 이상 공동체 내부의 도덕주의나 정서적 화해를 위해서 작동하지 않아도 되는 것이다. 서바이벌 프로그램은 공동체 내부의 큰 공감을 지향하기보다는 좁은 자기 취향의 영역에 경쟁을 위임함으로써 환상적인 대리만족을 수행하게 된다.

The Influence of Hardwood Interspecific Competition on Stand Structure and Dynamics for Loblolly Pine Plantations

  • Lee, Young-Jin;Cho, Hyun-Je;Kim, Dong-Geun;Bae, Kwan-Ho;Joo, Sung-Hyun;Hong, Sung-Cheon
    • The Korean Journal of Ecology
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    • 제24권4호
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    • pp.213-217
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    • 2001
  • The purpose of this study is to investigate the effects of hardwood competitions in stand structure and dynamics by applying prediction models for unthinned loblolly pine (Pinus taeda L.) plantations. A parameter recovery procedure for the Weibull distribution function based on four percentile equations was applied to develop diameter distribution prediction models. Four percentiles of the cumulative diameter distribution prediction equations were predicted as a function of quadratic mean diameter plus competin hardwood trees perhectare varibales. According to the results of this study. it was found that as the amount of competing hardwood trees increased, diameter distributions in terms of stand structure dynamics tended to be more skewed to the right. Therefore, the influence of non-planted hardwood trees interspecific competitoin on planted loblolly pines showed negative effects on the stand structure and dynamics.

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경쟁체제 도입기의 수급안정화를 위한 설비투자 인센티브 설정 연구 (Investment Incentive for Capacity Supply in a Period of Introduction of competition)

  • 김창수;이창호;진병문
    • 대한전기학회:학술대회논문집
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    • 대한전기학회 2000년도 하계학술대회 논문집 A
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    • pp.406-408
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    • 2000
  • Recently, Korea's electric industry is in the midst of a period of profound changes in the structure and function, including the introduction of market competition in the generation sector. Therefore, it is difficult to promote long-term capacity planning and new generating capacity construction which have been driven by KEPCO so far, after the introduction of market competition, so new generating capacity construction and security of reserve margin is needed through self·regulation plan of private generation producers by market mechanism. According to the competition in the generation sector, a new paradigm is necessary to the long-term capacity planning driven by the Government. This paper analyzes the plan and the incentive level able to guide the new generation capacity construction considering the uncertainty risk in a period of introduction of competition. In addition, this paper analyzes the plan able to guide the new capacity construction by market function at the stage which market become established and Government's role to solve the anxiety about the capacity supply and demand.

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Investment Decisions in the Energy Industry: The Role of Industrial Competition and Size

  • BACHA SIMOES, Emel
    • The Journal of Asian Finance, Economics and Business
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    • 제9권9호
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    • pp.25-37
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    • 2022
  • Investment decisions are one of the most fundamental issues in financial management. This study aims to determine the factors that affect investment decisions in the energy industry and to contribute to the companies in this industry to develop strategic policies. The System GMM analyzes were carried out using the data of companies registered on the stock exchange for the period 2000-2015. The findings showed that industrial competition and firm size were important factors influencing the investment decisions of firms in the energy industry. The findings indicated a nonlinear relationship between industrial competition and the rate of investment in the energy sector. Depending on the firm's size, the effect of industrial competitiveness on investment varies. Smaller businesses are more impacted by the level of competition than larger ones. The investment rate decreases depending on the increase in cash holding level and firm risk. When the subgroups in the energy industry are examined, it is determined that they reveal some differences in terms of financial structure. A higher investment rate results from a higher retained earnings ratio. The investment rate of firms falls as a company's risk level and sales revenue variability increase.

Analysis of Hierarchical Competition Structure and Pricing Strategy in the Hotel Industry

  • BAEK, Unji;SIM, Youngseok;LEE, Seul-Ki
    • The Journal of Asian Finance, Economics and Business
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    • 제6권4호
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    • pp.179-187
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    • 2019
  • This study aims to investigate the effects of market commonality and resource similarity on price competition and the recursive consequences in the Korean lodging market. Price comparison among hotels in the same geographic market has been facilitated through the development of information technology, rendering little search cost of consumers. While the literature implies the heterogeneous price attack and response among hotels, a limited number of empirical researches focus on the asymmetric and recursive pattern in the competitive dynamics. This study empirically examines the price interactions in the Korean lodging market based on the theoretical framework of competitive price interactions and countervailing power. Demonstrating superiority to the spatial lag model and the ordinary least squares in the estimation, the results from spatial error model suggest that the hotels with longer operational history pose an asymmetric impact on the price of the newer hotels. The asymmetry is also found in chain hotels over the independent, further implying the possibility of predatory pricing. The findings of this study provide the evidence of a hierarchical structure in the price competition, with different countervailing power by the resources of the hotels. Theoretical and managerial implications are discussed, with suggestions for future study.

소비자 구매의도에 근거한 백화점과 대형 할인점의 경쟁 구조 (Competitive Structure between Department Store and Discount Store based on Consumers' Purchase Intention)

  • 손진아;이유리
    • 한국의류학회지
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    • 제27권5호
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    • pp.570-581
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    • 2003
  • The purpose of this study was to investigate competitive structure between the department store and the discount store based on consumers' purchase intention. Female consumers who purchased clothing both in the department store and the discount store participated in the study by completing questionnaires (N=533) . Data were analyzed using factor analyses, paired t-test, Cronbach's $\alpha$, and chi-square analyses. The result was as following: 1 . Overall, the department store and the discount store are competing complementarily. However, this competitive structure varied with clothing items and consumers' age. 2. As a result of factor analyses, the two retailer's service quality could be evaluated with four dimensions: price and A/S, store atmosphere and VMD, store policy, and salesperson. 3. The department store was expected to provide the highest level of service in ‘price and A/S’, ‘store atmosphere and VMD’, ‘salesperson’ whereas the discount store in ‘store policy’ 4. Respondents were classified in four groups according to how frequently they use department store and discount store as following: shopper of both retailers (68.35%), discount store shopper(20.97%), department store shopper(4.70%), shopper of neither retailer(3.97%). Each group showed differences in service satisfaction and demographic characteristics.

Measuring the Impact of Competition on Pricing Behaviors in a Two-Sided Market

  • Kim, Minkyung;Song, Inseong
    • Asia Marketing Journal
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    • 제16권1호
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    • pp.35-69
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    • 2014
  • The impact of competition on pricing has been studied in the context of counterfactual merger analyses where expected optimal prices in a hypothetical monopoly are compared with observed prices in an oligopolistic market. Such analyses would typically assume static decision making by consumers and firms and thus have been applied mostly to data obtained from consumer packed goods such as cereal and soft drinks. However such static modeling approach is not suitable when decision makers are forward looking. When it comes to the markets for durable products with indirect network effects, consumer purchase decisions and firm pricing decisions are inherently dynamic as they take into account future states when making purchase and pricing decisions. Researchers need to take into account the dynamic aspects of decision making both in the consumer side and in the supplier side for such markets. Firms in a two-sided market typically subsidize one side of the market to exploit the indirect network effect. Such pricing behaviors would be more prevalent in competitive markets where firms would try to win over the battle for standard. While such qualitative expectation on the relationship between pricing behaviors and competitive structures could be easily formed, little empirical studies have measured the extent to which the distinct pricing structure in two-sided markets depends on the competitive structure of the market. This paper develops an empirical model to measure the impact of competition on optimal pricing of durable products under indirect network effects. In order to measure the impact of exogenously determined competition among firms on pricing, we compare the equilibrium prices in the observed oligopoly market to those in a hypothetical monopoly market. In computing the equilibrium prices, we account for the forward looking behaviors of consumers and supplier. We first estimate a demand function that accounts for consumers' forward-looking behaviors and indirect network effects. And then, for the supply side, the pricing equation is obtained as an outcome of the Markov Perfect Nash Equilibrium in pricing. In doing so, we utilize numerical dynamic programming techniques. We apply our model to a data set obtained from the U.S. video game console market. The video game console market is considered a prototypical case of two-sided markets in which the platform typically subsidizes one side of market to expand the installed base anticipating larger revenues in the other side of market resulting from the expanded installed base. The data consist of monthly observations of price, hardware unit sales and the number of compatible software titles for Sony PlayStation and Nintendo 64 from September 1996 to August 2002. Sony PlayStation was released to the market a year before Nintendo 64 was launched. We compute the expected equilibrium price path for Nintendo 64 and Playstation for both oligopoly and for monopoly. Our analysis reveals that the price level differs significantly between two competition structures. The merged monopoly is expected to set prices higher by 14.8% for Sony PlayStation and 21.8% for Nintendo 64 on average than the independent firms in an oligopoly would do. And such removal of competition would result in a reduction in consumer value by 43.1%. Higher prices are expected for the hypothetical monopoly because the merged firm does not need to engage in the battle for industry standard. This result is attributed to the distinct property of a two-sided market that competing firms tend to set low prices particularly at the initial period to attract consumers at the introductory stage and to reinforce their own networks and eventually finally to dominate the market.

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The Response of Nitrogen Deposition to Methane Oxidation Availability and Microbial Enzyme Activities in Forest Soils

  • Jang, In-Young;Lee, Hyoung-Min;Kang, Ho-Jeong
    • Environmental Engineering Research
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    • 제15권3호
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    • pp.157-161
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    • 2010
  • Forest soils are often nitrogen-limited, and nitrogen input to forest soils can cause substantial changes in the structure and functions of a soil ecosystem. To determine the effects of nitrogen input on methane oxidation and the microbial enzyme activities, manipulation experiments were conducted using nitrogen addition to soil samples from Mt. Jumbong. Our findings suggested that the addition of nitrogen to the soil system of Mt. Jumbong did not affect the microbial enzyme activities. Conversely, the addition of nitrogen affected the rate of methane oxidation. Inorganic nitrogen in soils can inhibit methane oxidation via several mechanisms, such as substrate competition, toxic effects, and competition with other microbes, but the inhibitory effects are not always the same. In this research, seasonal changes were found to produce different inhibitory factors, and these different responses may be caused from differences in the methantrophic bacteria community structure.

Central Eastern Europe's Pattern of Industrial Development and Regional Structure in Market Distribution

  • Seo, Dae-Sung
    • 유통과학연구
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    • 제13권6호
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    • pp.17-23
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    • 2015
  • Purpose - Transnational corporations (TNCs) have influenced drastic changes (financial services, manufacturing, labor, technology transfer) in Central Eastern Europe (CEE). This paper examines the indirect changes in the CEE pattern of industrial development and market distribution. Research design, data, and methodology - Over 25 years, neighboring (or rival) countries competed to attract TNCs as a double-edged strategy for privatization and debt reduction. Through their experience attracting foreign direct investment (FDI), many countries started to reflect aspects of national capitalism. Countries also began to realize in 2010 that TNCs sought to enter markets with more favorable conditions for export-oriented manufacturing. Results - The analysis reveals that TNC investment strategies were aimed at eliminating local competition to acquire industrial "brown fields" to convert into "green fields." CEE countries have since strengthened their national systems and the support of large-scale state-owned enterprises and small and medium-sized start-up enterprises. Conclusions - CEE has changed based on industrial development and a regional structure of TNC market distribution and associated government policies. The pattern toward flexible markets gives countries the ability to further their economies.