Product quality, product price, and share dynamics in the German compact car market
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چکیده
منابع مشابه
Product Quality , Product Price , and Share Dynamics in the German Compact Car Market by Uwe
The present paper examines one of the central elements of evolutionary thinking competition formalized by the replicator dynamics mechanism. Using data on product characteristics of automobiles sold on the German domestic market over the period 2001-2006, we construct a competitiveness or tness variable for each car model applying non-parametric e ciency measurement techniques. The basic questi...
متن کاملProduct quality , product price , and share dynamics in the German compact car market
The present paper examines one of the central elements of evolutionary thinking competition formalized by the replicator dynamics mechanism. Using data on product characteristics of automobiles sold on the German domestic market over the period 2001-2006, we construct a competitiveness or tness variable for each car model applying non-parametric e ciency measurement techniques. The basic questi...
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A significant challenge for firms in an opencompetition marketplace is to balance the conflicting attributes of price and quality. Higher quality levels tend to lead to increased product costs, which, depending on market preferences, can trigger an increase in consumer demand. This paper presents a multi-agent model that allows for an exploration of how price and quality evolve as a result of d...
متن کاملProduct Quality and Market Size∗
Urban economists generally understand cities to balance negative externalities of congestion against the positive effects of agglomeration on productivity and consumers (Henderson, 1969). It is commonly assumed that that agglomeration promotes product variety. Here we explore a related but distinct effect on consumers, the effect of agglomeration (or city size) on product quality. This question...
متن کاملProduct Quality and Market Size1
Do larger markets offer better products? The question has implications both for theories of cities and for theories of market organization. We document that in the restaurant industry, where quality is produced largely with variable costs, the range of qualities on offer increases in market size, with each product maintaining a small market share. In daily newspapers, where quality is produced ...
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ژورنال
عنوان ژورنال: Industrial and Corporate Change
سال: 2012
ISSN: 0960-6491,1464-3650
DOI: 10.1093/icc/dts002