| dc.contributor | 經濟系 | |
| dc.creator (作者) | Chie, Bin-Tzong;Chen, Shu-Heng | |
| dc.creator (作者) | 陳樹衡 | zh_TW |
| dc.date (日期) | 2013-12 | |
| dc.date.accessioned | 15-Sep-2015 15:28:52 (UTC+8) | - |
| dc.date.available | 15-Sep-2015 15:28:52 (UTC+8) | - |
| dc.date.issued (上傳時間) | 15-Sep-2015 15:28:52 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/78511 | - |
| dc.description.abstract (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. | |
| dc.format.extent | 159 bytes | - |
| dc.format.mimetype | text/html | - |
| dc.relation (關聯) | Economia Politica, 30(3), 273-299 | |
| dc.subject (關鍵詞) | Conglomerates;Consumer;Duopolistic;Firm;Firms;Investment;Prices;Quality;Simulation | |
| dc.title (題名) | Non-price Competition in a Modular Economy: An Agent-Based Computational Model | |
| dc.type (資料類型) | article | en |
