• 제목/요약/키워드: limited competitive market

검색결과 98건 처리시간 0.024초

우리나라 전력시장에서의 시장지배력 행사 (Market Power in the Korea Wholesale Electricity Market)

  • 김현실;안남성
    • 한국시스템다이내믹스연구
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    • 제6권1호
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    • pp.99-123
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    • 2005
  • Although the generation market is competitive, the power market is easily exercised the market power by one generator due to its special futures such as a limited supplier, large investment cost, transmission constraints and loss. Specially, as Korea Electric industry restructuring is similar US competitive wholesale electricity market structure which discovered the several evidences of market power abuse, when restructuring is completed the possibility that market power will be exercised is big. Market power interferes with market competitions and efficiency of system. The goal of this study is to investigate the market price effects of the potential market power and the proposed market power mitigation strategy in Korean market using the forecasting wholesale electricity market model. This modeling is developed based on the system dynamics approach. it can analyze the dynamic behaviors of wholesale prices in Korean market. And then it is expanded to include the effect of market condition changed by 'strategic behavior' and 'real time pricing.' This model can generate the overall insights regarding the dynamic impact of output withholding by old gas fire power plant bon as a marginal plant in Korean market at the macro level. Also it will give the energy planner the opportunity to create different scenarios for the future for deregulated wholesales market in Korea.

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Target Market Selection Using MCDM Approach: A Study of Rolling Stock Manufacturer

  • SUKOROTO, SUKOROTO;HARYONO, Siswoyo;KHARISMA, Bedy
    • 유통과학연구
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    • 제18권7호
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    • pp.63-72
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    • 2020
  • Purpose: This study examines the market segmentation and strategy of PT INKA, a rolling stock manufacturer in Indonesia. Research design, data and methodology: The study used the MCDM (Multiple Criteria Decision Making) method specifically the AHP (Analytical Hierarchy Process). The AHP method was applied to identify the target market. This method or approach considers the market attractiveness and competitive strength criteria with quantified parameters. Results: a) Australia, Kenya, Tanzania, New Zealand, and India emerge as the top five target markets; b) There is justification for rolling stock manufacturers to allocate their resources in winning the market share. Conclusion: The main challenge confronting the rolling stock manufacturer is limited resources to acquire a particular market share despite abundant opportunities in this sector. Despite the mastery of technology and long experience in the industry, selecting a target market with multiple criteria could be difficult for an emerging rolling stock manufacturer in South East Asia.

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.

세계 관상어산업의 경쟁력 분석을 통한 우리나라 관상어산업의 육성 방향 (Fostering direction of the Ornamental Fish Industry in Korea through a competitive analysis of International Ornamental Fish Industry)

  • 김대영
    • 수산경영론집
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    • 제46권1호
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    • pp.15-28
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    • 2015
  • This research examined a task to foster into the export industry, through analyzing the competitiveness of the ornamental fish industry and identifying the position of Korea's ornamental industry in the world. Ornamental fish in Korea holds the world's leading aquaculture technology, but products are limited to a few species, lacking competitive products. In the case of aquarium supplies, the Korean technology level is receiving relatively positive marks in the global market, but ornamental fish products are lagging behind the global trend. In other words, Korea's ornamental fish industry has the overall technical foundation, but lacks differentiation in the global market. Meanwhile, Korea's market share of world trade market in fishery products is minimal. Growth was also analyzed not high compared to other countries. Various trade competitiveness index results rated very low in competitiveness, but it is hard to compare Korea with other countries which have already built a strong foundation in the ornamental fish industry. Therefore, for the mid to long term Korea should adapt a "Choice and concentration" strategy and focus on the production of ornamental fish and aquarium supplies, which will enable Korea to become differentiated in the global market and capture the world exports.

도서관 서비스 시장의 특성 (Characteristics of the Library Services Market)

  • 김기영
    • 정보관리학회지
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    • 제32권3호
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    • pp.183-197
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    • 2015
  • 이 이론적 논문의 목적은 도서관서비스 시장을 확인하고 일반 상품시장과 대비되는 도서관서비스 시장의 특성을 파악하여 연구 및 실천 부분에서 도서관 마케팅 및 경영의 논의를 더욱 풍성하게 하는 데에 있다. 도서관서비스 시장은 일반 시장의 모형을 기반으로 확인하였으며, 일반 상품시장과 비교하여 도서관서비스 시장은 간접 교환, 제한 경쟁, 그리고 시차적 교환이라는 특성이 있음을 밝혔다. 이러한 특성에 기반하여 도서관 경영의 목표 및 목적의 개발과 도서관 마케팅에의 적용이라는 두 가지 연구방향을 제안하였다.

The Effect of Consideration Set on Market Structure

  • Kim, Jun B.
    • Asia Marketing Journal
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    • 제22권2호
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    • pp.1-18
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    • 2020
  • We estimate a choice-based aggregate demand model accounting for consumers' consideration sets, and study its implications on market structure. In contrast to past research, we model and estimate consumer demand using aggregate-level consumer browsing data in addition to aggregate-level choice data. The use of consumer browsing data allows us to study consumer demand in a realistic setting in which consumers choose from a subset of products. We calibrate the proposed model on both data sets, avoid biases in parameter estimates, and compute the price elasticity measures. As an empirical application, we estimate consumer demand in the camcorder category and study its implications on market structure. The proposed model predicts a limited consumer price response and offers a more discriminating competitive landscape from the one assuming universal consideration set.

MMORPG의 게임 아이템 현금거래 유형과 한계점 연구 (A study on the types of real money trade of game items and limited point of MMORPG)

  • 임하나
    • 한국게임학회 논문지
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    • 제9권1호
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    • pp.33-41
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    • 2009
  • 본고에서는 MMORPG의 게임 재화 현금거래의 유형과 한계점 연구를 위해 먼저 완전경쟁시장 체제인 MMORPG의 레벨링시스템과 게임경제의 폐쇄구조가 어떻게 현금 거래를 발생시키는가를 살펴보았다. 완전 경쟁시장체제인 MMORPG의 레벨링시스템으로 인한 과잉 생산은 게임의 폐쇄적 경제구조로 인해 통화량의 증가로 이어지고 게임 내에서 머드플레이션이 발생하며 현금거래를 유발한다. 이러한 문제점을 개선하기 위한 방법은 세 가지로 분류할 수 있다. 첫째는 유저에 의한 자생적인 질서를 통해 게임 경제를 안정시켜 개선하는 방법이 있으며 인위적이 질서에 비해 국지적이고 오랜 시간이 소요되며 MMORPG의 경쟁이란 속성에 위배된다는 한계를 지닌다. 둘째는 정부의 법제도에 의한 규제를 통한 개선이 있으며 서비스나 정보의 생산을 비물질노동으로 인정하지 않음으로서 새로운 유형의 게임이 계속 나타나는 게임 산업의 발전 속도를 맞추지 못하고 있다는 한계를 지닌다. 마지막으로 게임 디자이너에 의한 개선은 아이템의 세부적인 조정과 귀속시스템, 아이템 공급량 조절등의 게임디자인을 통해 이루어지며 게임 디자이너에게 강제할 수 없으며 현금거래가 발생하는 원인인 통화량의 증가를 조절할 수 없다는 한계점을 지니고 있다.

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경쟁적 비즈니스 환경에서의 소프트웨어 에이전트 활용에 관한 연구 (Study for Application of Software Agent in Competitive Business Environment)

  • 김중한
    • 한국IT서비스학회지
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    • 제5권1호
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    • pp.165-175
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    • 2006
  • Electronic commerce has many advantages compared to the traditional way of doing business such as up to date information and rich service for less cost. There is a growing number of electronic commerce applications on the Internet. Using software agent technology, the market framework offers timesaving automation of auctions and flexibility through negotiations among the agents. In this research, we attempt to evaluate the performance of a negotiation decision function that considers the potential competitors in competitive market environment as well as that of a negotiation decision function that does not. For this evaluation, this study adopts the electronic marketplace as an application domain in which many sellers and buyers compete for limited resources in the marketplace.

Decentralized energy market-based structural control

  • Lynch, Jerome Peter;Law, Kincho H.
    • Structural Engineering and Mechanics
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    • 제17권3_4호
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    • pp.557-572
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    • 2004
  • Control systems are used to limit structural lateral deflections during large external loads such as winds and earthquakes. Most recently, the semi-active control approach has grown in popularity due to inexpensive control devices that consume little power. As a result, recently designed control systems have employed many semi-active control devices for the control of a structure. In the future, it is envisioned that structural control systems will be large-scale systems defined by high actuation and sensor densities. Decentralized control approaches have been used to control large-scale systems that are too complex for a traditional centralized approach, such as linear quadratic regulation (LQR). This paper describes the derivation of energy market-based control (EMBC), a decentralized approach that models the structural control system as a competitive marketplace. The interaction of free-market buyers and sellers result in an optimal allocation of limited control system resources such as control energy. The Kajima-Shizuoka Building and a 20-story benchmark structure are selected as illustrative examples to be used for comparison of the EMBC and centralized LQR approaches.

보험업에서 고객 활동분석이 eMarketing 활동에 미치는 영향도 분석 (An Analysis on the factor affecting eMarketing performance with customer activity analysis in Insurance Industry)

  • 여성주;김지원;이해구;왕지남
    • 한국IT서비스학회:학술대회논문집
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    • 한국IT서비스학회 2008년도 추계학술대회
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    • pp.112-115
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    • 2008
  • CRM is one of fields that come into the spotlight in academic circles. A Marked changes of business environment makes it get a various information about competitive products unlike in the past and makes it understand the customer needs. Also, Market boundary become to be uncleared. Insurance industry is lied in the age of limitless competition due to uncleared market boundary. Channels for getting customer information and understandings become to be various. In this study, we collect the customer information using various channel and we analyze out a primary factor. Using this results, we present the method that cluster target customers. It is the object of this paper that analyze out the effects when we execute the One-to-One-Marketing using clustered target customer based customer pattern.

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