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An Equilibrium Model of Hierarchy

In: The Economics of E-Commerce and Networking Decisions

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  • Xiaokai Yang

Abstract

The purpose of this chapter is twofold. First, I extend the received partial equilibrium analysis of hierarchical models to a general equilibrium context. Second, the equilibrium model of hierarchy will be used to explore the relationship between the hierarchical structure of economic organization and the level of division of labour.

Suggested Citation

  • Xiaokai Yang, 2003. "An Equilibrium Model of Hierarchy," Palgrave Macmillan Books, in: Yew-Kwang Ng & Heling Shi & Guang-Zhen Sun (ed.), The Economics of E-Commerce and Networking Decisions, chapter 5, pages 69-100, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-4039-3837-4_5
    DOI: 10.1057/9781403938374_5
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    Cited by:

    1. Xueping Jiang & Jen-Mei Chang & Hui Sun, 2019. "Inframarginal Model Analysis of the Evolution of Agricultural Division of Labor," Mathematics, MDPI, vol. 7(12), pages 1-14, December.
    2. Cheng, Wenli & Yang, Xiaokai, 2004. "Inframarginal analysis of division of labor: A survey," Journal of Economic Behavior & Organization, Elsevier, vol. 55(2), pages 137-174, October.

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