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Industry dynamics with knowledge-based competition: a computational study of entry and exit patterns

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  • Myong-Hun Chang

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File URL: http://hdl.handle.net/10.1007/s11403-009-0048-8
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Bibliographic Info

Article provided by Springer in its journal Journal of Economic Interaction and Coordination.

Volume (Year): 4 (2009)
Issue (Month): 1 (June)
Pages: 73-114

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Handle: RePEc:spr:jeicoo:v:4:y:2009:i:1:p:73-114

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Web page: http://www.springer.com/economics/economic+theory/journal/11403

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Related research

Keywords: Industry dynamics; Shakeouts; Innovation; Imitation; Agent-based computational model; L10; O30;

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References

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  1. Jan W. Rivkin & Nicolaj Siggelkow, 2003. "Balancing Search and Stability: Interdependencies Among Elements of Organizational Design," Management Science, INFORMS, INFORMS, vol. 49(3), pages 290-311, March.
  2. Boyan Jovanovic & Glenn MacDonald, 1993. "The Life-Cycle of a Competitive Industry," NBER Working Papers 4441, National Bureau of Economic Research, Inc.
  3. Steven Klepper & Kenneth L. Simons, 2000. "The Making of an Oligopoly: Firm Survival and Technological Change in the Evolution of the U.S. Tire Industry," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 108(4), pages 728-760, August.
  4. Cox, James C. & Walker, Mark, 1998. "Learning to play Cournot duopoly strategies," Journal of Economic Behavior & Organization, Elsevier, Elsevier, vol. 36(2), pages 141-161, August.
  5. Huck, Steffen & Normann, Hans-Theo & Oechssler, Jorg, 1999. "Learning in Cournot Oligopoly--An Experiment," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 109(454), pages C80-95, March.
  6. Epstein, Joshua M., 2006. "Remarks on the Foundations of Agent-Based Generative Social Science," Handbook of Computational Economics, Elsevier, in: Leigh Tesfatsion & Kenneth L. Judd (ed.), Handbook of Computational Economics, edition 1, volume 2, chapter 34, pages 1585-1604 Elsevier.
  7. Geroski, P. A. & Mazzucato, M., 2001. "Modelling the dynamics of industry populations," International Journal of Industrial Organization, Elsevier, Elsevier, vol. 19(7), pages 1003-1022, July.
  8. Gort, Michael & Klepper, Steven, 1982. "Time Paths in the Diffusion of Product Innovations," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 92(367), pages 630-53, September.
  9. Robert Axtell, 1999. "The Emergence of Firms in a Population of Agents," Working Papers, Santa Fe Institute 99-03-019, Santa Fe Institute.
  10. Klepper, Steven & Simons, Kenneth L, 1997. "Technological Extinctions of Industrial Firms: An Inquiry into Their Nature and Causes," Industrial and Corporate Change, Oxford University Press, vol. 6(2), pages 379-460, March.
  11. Leigh Tesfatsion, 2002. "Agent-Based Computational Economics," Computational Economics, EconWPA 0203001, EconWPA, revised 15 Aug 2002.
  12. Ichniowski, Casey & Shaw, Kathryn & Prennushi, Giovanna, 1997. "The Effects of Human Resource Management Practices on Productivity: A Study of Steel Finishing Lines," American Economic Review, American Economic Association, American Economic Association, vol. 87(3), pages 291-313, June.
  13. Vives, Xavier, 2004. "Complementarities and Games: New Developments," CEPR Discussion Papers, C.E.P.R. Discussion Papers 4742, C.E.P.R. Discussion Papers.
  14. Tesfatsion, Leigh & Judd, Kenneth L., 2006. "Handbook of Computational Economics, Vol. 2: Agent-Based Computational Economics," Staff General Research Papers 10368, Iowa State University, Department of Economics.
  15. Geroski, P. A., 1995. "What do we know about entry?," International Journal of Industrial Organization, Elsevier, Elsevier, vol. 13(4), pages 421-440, December.
  16. Colin Camerer & Teck-Hua Ho, 1999. "Experience-weighted Attraction Learning in Normal Form Games," Econometrica, Econometric Society, Econometric Society, vol. 67(4), pages 827-874, July.
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