Economic guidance can be of substantial value to policymakers in principle. However, guidance delivered in the form of complex formulae and detailed mathematical characterizations of optimal policies may not be fully appreciated or warmly embraced. Consequently, insights like those of William Rogerson (2003) are particularly important. Rogerson demonstrates in a plausible setting that a pair of...

Intelligent transformation of manufacturers requires smart logistics collaboration, which improves competitiveness. In this study, we construct a Stackelberg game model based on the mutual influence and restriction in relationship between manufacturer service provider (LSP) undergoing transformation. We investigate whether cost-sharing (CS) or revenue-sharing (RS) contracts can coordinate suppl...

This paper develops a contest model of a professional sports league in which clubs maximize a weighted sum of profits and wins (utility maximization). The model analyzes how more win-orientated behavior of certain clubs affects talent investments, competitive balance and club profits. Moreover, in contrast to traditional models, we show that revenue sharing does not always reduce investment inc...

Recently, “platform ecosystem” has received attention as a key business concept. Sustainable growth of platform ecosystems is enabled by platform users supplying and/or demanding content from each other: e.g. Facebook, YouTube or Twitter. The importance and value of user data in platform ecosystems is accentuated since platform owners use and sell the data for their business. Serious concern is...

The mobile telecommunications industry is undergoing a rapid change, which is increasing the interdependency of firms in the sector. This trend increases the likelihood that mobile information and entertainment services will be delivered through inter-organisational networks of firms. These networks are the topic of this research. In particular we examine service networks and the possible influ...

States producing gas and oil have long levied severance taxes at the point of extraction, commonly placing most revenues into general funds. These taxes have assumed new meaning in many states amid the expansion of gas and oil production accompanying the advent of hydraulic fracturing. We reviewed all major statutes and constitutional amendments related to severance taxes that were enacted at t...

Facing the complex and changeful market environment, members of the enterprise in supply and demand network more consider seeking to build partnerships, with a specialization in a larger scope; effectively reduce all kinds of business cost of the enterprise, fully realized system scale effect. First discussed the basic characteristics of the network of supply and demand and enterprise, using th...

In this paper, we analyze cost sharing problems arising from a general service by explicitly taking into account the generated revenues. To this cost-revenue sharing problem, we associate a cooperative game with transferable utility, called cost-revenue game. By considering cooperation among the agents using the general service, the value of a coalition is defined as the maximum net profit that...

This paper reports on the results of an experiment testing whether the agents selfselect between a competitive payment scheme and a revenue-sharing scheme depending on their inequity aversion. Average efficiency should be increased when these payment schemes are endogenously chosen by agents. We show that the choice of the competition is negatively affected by disadvantageous inequity aversion ...

As the construction industry is becoming more large-scaled and complex, the BIM technology has been utilized throughout the industry. Since 2008, the construction industry in South Korea (Korea) has required carrying on BIM-based project continually. According to this trend, BIM S/W market, as well as BIM library market is also gradually activated. Many countries have already been establishing ...