The Behavior Of Firms Under Oligopoly Market - sorry, can
Refworks Account Login. UBC Theses and Dissertations. Featured Collection. I further agree that permission for extensive copying of this thesis for scholarly purposes may be granted by the head of my department or by his or her representatives. It is understood that copying or publication of this thesis for financial gain shall not be allowed without my written permission. The first essay proposes a multiattribute utility model of the sunk cost phenomenon. We argue that this phenomenon, the tendency toward over-investment in losing courses of action, is the result of tensions between economic and psychological factors such as cognitive dissonance. We formalize this tension by decomposing the investor's total utility into its economic and psychological components, and develop a two-attribute utility model which describes sunk cost behavior. The Behavior Of Firms Under Oligopoly Market.DocumentCode :.
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Abstract :. Technical innovation has a determining effect on economy. The mechanism runs mainly by a systematic conduction when technology brings evolution of industrial organization as variable.
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And meanwhile, prospective innovation makes strategic sense of firm behavior and market structure. The current paper attempts to reveal internal links between innovation and oligopoly market and how innovation acts on firm behavior theoretically by the research on balancing changes of production, price and profit caused by technical innovation.
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