1,721,027 research outputs found
Gaining the Competitive Edge Using Internal and External Spillovers: A Dynamic Analysis
No full textBischi G-I, Dawid H, Kopel M. Gaining the Competitive Edge Using Internal and External Spillovers: A Dynamic Analysis. Journal of Economic Dynamics and Control. 2003;27(11-12):2171-2193.This paper studies the evolution of two clusters of firms competing on a common market. Firms exit and enter a cluster based on the perceived chances for profits inside and outside the cluster. Information about profits are diffused by direct communication between firms. Internal and external spillover effects reduce the overall costs of firms in the clusters depending on the number of firms in the own and the competing cluster. A discrete time deterministic dynamical system describing the evolution of cluster sizes is derived. An analysis of the long run attractors of the system and their basins of attraction is used to compare the effects of advantages of a cluster with respect to the size of internal and external spillover effects, respectively. Furthermore, the implications of slow and fast exit and entry behavior of firms for the long run survival and the size of the clusters are studied
The Economy as a Spatial Complex System
No full textThis collected volume represents the final outcome of the COST Action IS1104 “The EU in the new complex geography of economic systems: models, tools and policy evaluation”.
Visualizing the EU as a complex and multi-layered network, the book is organized in three parts, each of them dealing with a different level of analysis: At the macro-level, Part I considers the interactions within large economic systems (regions or countries) involving trade, workers migration, and other factor movements. At the meso-level, Part II discusses interactions within specific but wide-ranging markets, with a focus on financial markets and banking systems. Lastly, at the micro-level, Part III explores the decision-making of single firms, especially in the context of location decisions
Market Takeovers in Medieval Trade
No full textDawid H, Kopel M. Market Takeovers in Medieval Trade. In: Dockner EJ, ed. Optimization, Dynamics and Economic Analysis: Essays in Honor of Gustav Feichtinger. Berlin/Physica/Springer: Physica-Verlag, Heidelberg; 2000: 118-133
Analysis of Global Bifurcations in a Market Share Attraction Model
No full textJOURNAL OF ECONOMIC DYNAMICS AND CONTRO
Special issue of PU.M.A (Pure Mathematics and Applications)in honour of F. Szidarovszky, proceedings of NED05, Urbino
No full text"Recent Topics on Nonlinear Economic Dynamics", Special issue of Journal of Economic Behavior and Organization, proceedings of NED04, Tokyo
No full textSpecial issue of Decisions in Economics and Finance, vol. 37 (1) (2014) on "Nonlinear Economic Dynamics "
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