Co-evolution of firms and consumers and the implications for market dominance

DOI10.1016/J.JEDC.2003.04.012MaRDI QIDQ953746zbMATHOpenAlexFDO

Authors Joseph E. jun. Harrington, Myong-Hun Chang

Publication date 6 November 2008

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL https://repository.upenn.edu/bepp_papers/10

zbMATH Keywords

innovationsearchmarket dominance

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Consumer behavior, demand theory (91B42) Economic dynamics (91B55)

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Cites work

• An evolutionary model of Bertrand oligopoly
• Evolution and market competition
• Experimentation, imitation, and stochastic stability
• Steady state price distributions in a noisy search equilibrium
• Stochastically stable states in an oligopoly with differentiated goods: Equivalence of price and quantity strategies
• The Evolution of Walrasian Behavior
• The Learning Curve, Market Dominance, and Predatory Pricing

Cited in

(6)

• Evaluating market attractiveness: individual incentives versus industry profitability
• The dynamics of mergers and acquisitions: ancestry as the seminal determinant
• Consumer inertia, firm growth and industry dynamics.
• Note: The Impact of Leadtime and Years of Competitive Rivalry on Pioneer Market Share Advantages
• Demand-Driven Innovation and Spatial Competition Over Time
• The Emergence of a Market: What Efforts Can Entrepreneurs Make?

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