G2TT
来源类型Discussion paper
规范类型论文
来源IDDP6169
DP6169 Simultaneous Search with Heterogeneous Firms and Ex Post Competition
Pieter A. Gautier; Ronald Wolthoff
发表日期2007-03-09
出版年2007
语种英语
摘要Learning-by-doing and organizational forgetting have been shown to be important in a variety of industrial settings. This paper provides a general model of dynamic competition that accounts for these economic fundamentals and shows how they shape industry structure and dynamics. Previously obtained results regarding the dominance properties of firms' pricing behaviour no longer hold in this more general setting. We show that organizational forgetting does not simply negate learning-by-doing. Rather, learning-by-doing and organizational forgetting are distinct economic forces. In particular, a model with both learning-by-doing and organizational forgetting can give rise to aggressive pricing behaviour, market dominance, and multiple equilibria, whereas a model with learning-by-doing alone cannot.
主题Industrial Organization
关键词Dynamic games Learning-by-doing Organizational forgetting
URLhttps://cepr.org/publications/dp6169
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/535007
推荐引用方式
GB/T 7714
Pieter A. Gautier,Ronald Wolthoff. DP6169 Simultaneous Search with Heterogeneous Firms and Ex Post Competition. 2007.
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