Optimal dynamics of technology and price in a duopoly market

Cited 1 time in webofscience Cited 0 time in scopus
  • Hit : 679
  • Download : 0
DC FieldValueLanguage
dc.contributor.authorKim, Bowonko
dc.contributor.authorEl Ouardighi, Fouadko
dc.contributor.authorPark, Sangsunko
dc.date.accessioned2013-03-11T08:58:21Z-
dc.date.available2013-03-11T08:58:21Z-
dc.date.created2012-02-06-
dc.date.created2012-02-06-
dc.date.issued2012-
dc.identifier.citationAPPLIED ECONOMICS LETTERS, v.19, no.11, pp.1017 - 1022-
dc.identifier.issn1350-4851-
dc.identifier.urihttp://hdl.handle.net/10203/98861-
dc.description.abstractThis article examines a case where the demand of a new product follows an applied diffusion model influenced by innovation and price differential effects, and the potential market size expands as the technology level embodied in the product advances. For a duopoly, we set up a differential game model and derived open-loop Nash equilibrium solutions, showing that the optimal dynamics between the competitors' technology and price levels depend on the relative magnitude of innovation and price differential coefficients. If the price differential coefficients of the two competitors are symmetrical, the optimal prices become constant and in general the technology levels increase.-
dc.languageEnglish-
dc.publisherROUTLEDGE JOURNALS-
dc.subjectSUPPLY CHAIN-
dc.subjectMODEL-
dc.subjectQUALITY-
dc.subjectINNOVATIONS-
dc.subjectCOMPETITION-
dc.subjectSTRATEGIES-
dc.subjectDEMAND-
dc.subjectCHOICE-
dc.titleOptimal dynamics of technology and price in a duopoly market-
dc.typeArticle-
dc.identifier.wosid000301659600002-
dc.identifier.scopusid2-s2.0-80053535922-
dc.type.rimsART-
dc.citation.volume19-
dc.citation.issue11-
dc.citation.beginningpage1017-
dc.citation.endingpage1022-
dc.citation.publicationnameAPPLIED ECONOMICS LETTERS-
dc.identifier.doi10.1080/13504851.2011.610737-
dc.contributor.localauthorKim, Bowon-
dc.contributor.nonIdAuthorEl Ouardighi, Fouad-
dc.type.journalArticleArticle-
dc.subject.keywordAuthornew product innovation-
dc.subject.keywordAuthortechnology-
dc.subject.keywordAuthorprice-
dc.subject.keywordAuthordifferential game-
dc.subject.keywordPlusSUPPLY CHAIN-
dc.subject.keywordPlusMODEL-
dc.subject.keywordPlusQUALITY-
dc.subject.keywordPlusINNOVATIONS-
dc.subject.keywordPlusCOMPETITION-
dc.subject.keywordPlusSTRATEGIES-
dc.subject.keywordPlusDEMAND-
dc.subject.keywordPlusCHOICE-
Appears in Collection
MT-Journal Papers(저널논문)
Files in This Item
There are no files associated with this item.
This item is cited by other documents in WoS
⊙ Detail Information in WoSⓡ Click to see webofscience_button
⊙ Cited 1 items in WoS Click to see citing articles in records_button

qr_code

  • mendeley

    citeulike


rss_1.0 rss_2.0 atom_1.0