• 제목/요약/키워드: the Competition Model

검색결과 1,142건 처리시간 0.027초

Strategic Trade Policies under International Process R&D Competition with or without Market Leaders

  • Yang, Il-Seok
    • Journal of Korea Trade
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    • 제24권2호
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    • pp.53-67
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    • 2020
  • Purpose - The purpose of this paper is to study strategic trade policies under international process research and development (R&D) competition with or without market leaders for free trade and a subsidy regime and compare the effects of R&D subsidies and export subsidies on the equilibrium levels of firm profit and social welfare. Design/methodology - For the analysis, we use previous work by Haaland and Kind (2008) and construct a differentiated goods duopoly model, wherein two firms compete via quantity in a third-country market for free trade and the subsidy regime. We consider simultaneous-move quantity competition when the two firms choose their quantities simultaneously and sequential-move quantity competition when they choose their quantities sequentially. The results are compared to those of Balboa, Daughety and Reinganum (2004), who studied export subsidies. Findings - The following are the findings. First, the results of firm preference orderings regarding firm position from Dowrick (1986) and Balboa, Daughety and Reinganum (2004) may not hold in our model when the firms' strategies are strategic substitutes under free trade. Second, the preference rankings under Cournot competition for free trade and a subsidy regime are the same as those in the strategic trade policy of export subsidy. Third, except for the cases of too close substitutes and complements, the results of firm and government preferences regarding firm position are different from those of Balboa, Daughety and Reinganum (2004) in that Stackelberg leadership in a subsidy regime is advantageous when the goods are substitutes but is disadvantageous when the goods are complements. Moreover, the equilibrium level of firm profit is the highest in the Cournot-Nash play when the goods are substitutes in a subsidy regime. Fourth, except for the cases of too close substitutes and complements, the results of firms' and their respective governments' trade regime preferences are similar to those of Balboa, Daughety and Reinganum (2004) in that a Stackelberg leader firm and government prefer free trade if the goods are substitutes and prefer a subsidy regime if the goods are complements. Furthermore, a Stackelberg follower firm and government strongly prefer a subsidy regime to free trade. Originality/value - By analyzing the effects of R&D subsidies and export subsidies in international markets, we can find similarities and differences between them in international markets.

온라인과 오프라인 유통채널간의 경쟁에 대한 새로운 조명 (A New Perspective on Competition between Retail and Electronic Stores)

  • 안병훈;이병태;최병삼
    • 한국경영과학회:학술대회논문집
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    • 한국경영과학회 2001년도 추계학술대회 논문집
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    • pp.83-86
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    • 2001
  • There have been several attempts to describe the recent phonemona of e-tailing and the competition of e-tailers with traditional retailers. However, it appears that the previous models exhibit some shortcomings. With an extension of the well-known circular city model, this paper attempts to relax those limiting assumptions and addresses various issues around electronic commerce: whether e-tailing will eventually drive out traditional retailing, whether e-tailing will necessarily increase competition and lead to lower prices, and whether all the consumers will be better off with more alternatives to choose from.

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연구개발에서의 경쟁효과 (Research Tournament and Competition Effect)

  • 김정욱
    • KDI Journal of Economic Policy
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    • 제34권2호
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    • pp.41-53
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    • 2012
  • 본 논문은 경쟁이 혁신활동에 미치는 영향을 분석한다. 연구개발의 경쟁에서는 각 연구개발자의 노력수준을 높이기 위해 경쟁자의 수를 줄이는 방안이 고려되고 있으며, 이로써 높은 가치의 혁신활동이 이루어질 수 있다. 따라서 연구개발을 장려하기 위해서는 연구개발의 유인을 극대화하기 위해 경쟁으로 인해 노력수준을 제고하는 효과와 경쟁으로 인해 노력수준을 감소시키는 효과를 동시에 감안하여야 한다. 본 논문에서는 혁신활동을 장려하는 취지에서 경쟁으로 인해 발생하는 이러한 두 효과를 분석하고자 하였으며, 개별 연구개발자의 노력수준은 경쟁자 수의 증가에 따라 단조적으로 변화하지 않음을 제시하였다.

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UNIQUENESS OF POSITIVE STEADY STATES FOR WEAK COMPETITION MODELS WITH SELF-CROSS DIFFUSIONS

  • Ko, Won-Lyul;Ahn, In-Kyung
    • 대한수학회보
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    • 제41권2호
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    • pp.371-385
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    • 2004
  • In this paper, we investigate the uniqueness of positive solutions to weak competition models with self-cross diffusion rates under homogeneous Dirichlet boundary conditions. The methods employed are upper-lower solution technique and the variational characterization of eigenvalues.

Market Efficiency Analysis between Facility-Based and Service-Based Competition

  • Seo, Il-Won;Lee, Duk-Hee;Kim, Byung-Woon
    • ETRI Journal
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    • 제30권4호
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    • pp.587-596
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    • 2008
  • Facility-based competition (FBC) in the telecommunications market is considered to have lower static efficiency in the short term and higher dynamic efficiency in the long term. Under service-based competition (SBC), the entrant can reduce its setup costs by leasing network facilities from the incumbent, which makes the entrant viable, pushes the market price down and promotes static efficiency. This paper attempts to measure static efficiency by comparing the profits of the incumbent and entrant in terms of consumer surplus and social welfare under each competition type by extending the Stackelberg model. The results, assuming a linear demand function and variation in regulatory level, show that FBC results in higher social welfare than SBC on the whole. However, SBC accompanied by strong regulation is also shown to have the potential to be superior over FBC. It is also revealed that FBC exhibits a higher producer surplus (particularly, the incumbent's producer surplus) and is, therefore, more desirable in terms of dynamic efficiency. When the entrant's cost is high in FBC, social welfare is shown to be lowered, implying that cost competitiveness is a necessary condition for social welfare.

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Quantifying the Price Effect of Deregulation as a Pro-competition Policy

  • Choi, Dong Ook;Kim, Yunhee
    • STI Policy Review
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    • 제6권1호
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    • pp.24-35
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    • 2015
  • This research constructs a data set regarding competition policy through a comprehensive review of previous studies, and performs a meta-analysis to quantitatively assess the price effects of deregulation. A structural econometric model is used to eliminate possible biases from heterogeneity of the studies,such as in publication types and measurement methods. Four types of regulations that deter competition are characterized and three groups of industries are made for drawing practical implications. We fnd that deregulation to promote competition reduces prices by 0.23% and that these estimated price effects are more stable when we control for the publication types and measurement ways. Easing regulations that restrict consumers' choice is shown to be most effcient in promoting competition, lowering prices by 0.7%. This is followed by eliminating the limitation in the number of frms in the industry, with 0.2% price reduction. Overall, the network and service industries are shown to be more responsive to deregulation than the R&D industry. These results could shed light on policy implementation when a pro-competition policy is called for due to restrictive regulations in the corresponding industries.

Modeling and analysis the competition dynamics among container transshipment ports: in case of East-Asian ports

  • ;박남기;김재봉
    • 한국항해항만학회:학술대회논문집
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    • 한국항해항만학회 2016년도 춘계학술대회
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    • pp.121-123
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    • 2016
  • This paper studies the competitiveness and complementary among the major container ports in East Asia by analyzing their extensive and intensive dynamics in recent 8 years (2008-2015). Time series data on container throughput dividing into O-D and transshipment for the ports of Hong Kong, Kaohsiung, Shanghai, Busan, Ningbo-Zhoushan, and Shenzhen are calculated based on VAR and VECM model.

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변형된 다세대 Lotka-Volterra 모형을 적용한 IMT-2000 가입자 수요예측 (Forecasting of IMT-2000 Market Size using Modified Multi-generation Lotka-Volterra Model)

  • 김윤배;김재범;이희상
    • 산업공학
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    • 제14권1호
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    • pp.54-58
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    • 2001
  • In this study, we suggest a multi-generation Lotka-Volterra model, which is a competition model using game theory and complex system theory. The suggested model shows many improvements to weakness of a well known Bass model to forecast new technology in competitive markets. We show that the Lotka-Volterra model has strong power to forecast mobile communication services when it is used for competition of 1st generation mobile phone service and 2nd generation phone service in Korea. We finally use the model to forecast IMT-2000 service, the 3rd generation mobile communication service.

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A study on the corporate culture of Dianping

  • Wei, Feng-Ping;Choi, Myeong-Cheol;Shang, Xian-Fa
    • International Journal of Advanced Culture Technology
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    • 제7권4호
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    • pp.69-75
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    • 2019
  • In recent years, with the development of IT technology and mobile communication, the powerful communication function of the Internet will gradually eliminate the information asymmetry between supply and demand, and the third-party review website emerges as The Times require. Dianping.com was founded in 2003. After a few years of development, it has become an independent third-party consumer review website worldwide. One of the reasons for such great success is corporate culture, which plays an important role in human resource management. The competition of enterprises is not only the competition of products and cost advantages, but also the superior enterprise culture presented to customers in the international environment. The competition between third-party review sites has been very fierce. In just a few years, many foreign third-party review websites went public and made profits, but some domestic start-ups went bankrupt due to the lack of a good business model and corporate culture. A good business model is particularly important. Taking dianping.com as the research object and combining with the business model of the company, this paper studies the unique corporate culture of dianping.com, hoping to help the company through the investigation and research of this paper, so as to improve the company in the future. And put forward a certain practical significance and value.

UNDX연산자를 이용한 계층적 공정 경쟁 유전자 알고리즘을 이용한 퍼지집합 퍼지 모델의 최적화 (Optimization of Fuzzy Set Fuzzy Model by Means of Hierarchical Fair Competition-based Genetic Algorithm using UNDX operator)

  • 김길성;최정내;오성권
    • 대한전기학회:학술대회논문집
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    • 대한전기학회 2007년도 심포지엄 논문집 정보 및 제어부문
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    • pp.204-206
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    • 2007
  • In this study, we introduce the optimization method of fuzzy inference systems that is based on Hierarchical Fair Competition-based Parallel Genetic Algorithms (HFCGA) and information data granulation, The granulation is realized with the aid of the Hard C-means clustering and HFCGA is a kind of multi-populations of Parallel Genetic Algorithms (PGA), and it is used for structure optimization and parameter identification of fuzzy model. It concerns the fuzzy model-related parameters such as the number of input variables to be used, a collection of specific subset of input variables, the number of membership functions, the order of polynomial, and the apexes of the membership function. In the optimization process, two general optimization mechanisms are explored. The structural optimization is realized via HFCGA and HCM method whereas in case of the parametric optimization we proceed with a standard least square method as well as HFCGA method as well. A comparative analysis demonstrates that the proposed algorithm is superior to the conventional methods. Particularly, in parameter identification, we use the UNDX operator which uses multiple parents and generate offsprings around the geographic center off mass of these parents.

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