有远见的公司之间的顺序定位

E. Prescott, Michael Visscher
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引用次数: 562

摘要

现有的理论不能很好地描述现代市场经济中的产品多样性,很大程度上是因为这种理论是建立在不充分的均衡概念之上的。标准分析认为决策者对竞争对手对其决策的反应的预期是幼稚的,并且忽视了在产品特征空间中重新定位的巨大成本。在本文中,我们构建了一个企业的均衡模型,在这个模型中,每个企业按顺序定位,并对其决策如何影响尚未定位的企业的决策有正确的预期。平衡的本质是探讨了一系列熟悉的例子,取自文献。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Sequential location among firms with foresight
Existing theory poorly describes the product diversity in a modern market economy largely because such theory is founded on an inadequate concept of equilibrium. Standard analysis regards decision makers as naive in their anticipations of the response of rivals to their decisions and neglects the substantial costs of relocating in the product characteristic space. In this paper, we construct an equilibrium model of firms in which each firm locates in sequence with correct expectations of the way its decisions influence the decisions of firms yet to locate. The nature of the equilibrium is explored in a series of familiar examples taken from the literature.
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