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| Content Provider | IEEE Xplore Digital Library |
|---|---|
| Author | Zhu Shuzhen |
| Copyright Year | 2008 |
| Description | Author affiliation: Donghua Univ., Shanghai (Zhu Shuzhen) |
| Abstract | To make an analysis of supply decision-making in financial innovation process which is treated as a system, this paper at first develops a duopoly model that focuses on incentives the new products bring to the supply agents. The positive externality and some kinds of the equilibrium are discussed, which show that the leader (innovator), comparing to the follower (imitator), has monopoly advantage but also information disadvantage. Then, in a system setting which has multiple stages and more agents, the profit flows and decision problems of the agents are modeled and analyzed. The results show that the leader acquires larger market share than the followers. |
| Starting Page | 780 |
| Ending Page | 783 |
| File Size | 77419 |
| Page Count | 4 |
| File Format | |
| ISBN | 9787900719706 |
| DOI | 10.1109/CHICC.2008.4605301 |
| Language | English |
| Publisher | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Publisher Date | 2008-07-16 |
| Publisher Place | China |
| Access Restriction | Subscribed |
| Rights Holder | Institute Of Intelligence M&C Technical Of KMUST |
| Subject Keyword | Economics Competition Technological innovation Analytical models Supply Decision Biological system modeling Decision making Lead Monopoly Financial Innovation Process Equilibrium |
| Content Type | Text |
| Resource Type | Article |
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