| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP6169 |
| 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 |
| URL | https://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. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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