NDLI: Stability robustness conditions for market power analysis in industrial organization networks

Content Provider	IEEE Xplore Digital Library
Author	Nghia Tran Warnick, S.
Copyright Year	2008
Description	Author affiliation: Dept. of Comput. Sci., Brigham Young Univ., Provo, UT (Nghia Tran; Warnick, S.)
Abstract	Business networks provide one of the most compelling environments to study the conflicting effects of competition and cooperation on multi-agent dynamical systems. While firms engage various merger and divestiture strategies to create the desired cooperative environment that enhances their market power, governmental regulatory agencies enforce antitrust measures that protect competition as a means to limit the market power of these organizations. Merger simulation has subsequently evolved in recent years as a mechanism to study the impact of different organizational structures on the market. Nevertheless, typical economic models can often lead to competition dynamics that arbitrarily lose stability when considering different organizational structures. This work provides stability robustness conditions with respect to coalition structure for profit-maximizing dynamical systems with network demand, and partially convex utility. In particular, we show that stability of the coalition of all agents is sufficient to guarantee stability of all other coalition structures. These conditions are then leveraged to provide a systematic methodology for estimating a rich variety of demand systems that guarantee sensible stability results regardless of the structure of cooperation in the marketplace.
Starting Page	342
Ending Page	349
File Size	180984
Page Count	8
File Format	PDF
ISBN	9781424420780
ISSN	07431619
DOI	10.1109/ACC.2008.4586514
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2008-06-11
Publisher Place	USA
Access Restriction	Subscribed
Rights Holder	American Automatic Control Council(AACC)
Subject Keyword	Robust stability Stability analysis Corporate acquisitions Uncertainty Power measurement Government Predictive models Control systems Robust control Information analysis
Content Type	Text
Resource Type	Article
Subject	Electrical and Electronic Engineering

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in