The Economics of Predation: What Drives Pricing When There is Learning-by-Doing?
The Economics of Predation: What Drives Pricing When There is Learning-by-Doing?
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掠夺经济学：边做边学时是什么驱动定价？
DOI：
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发表时间：
2011
期刊：
影响因子：
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通讯作者：
Yaroslav Kryukov
中科院分区：
文献类型：
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作者：
David Besanko;U. Doraszelski;Yaroslav Kryukov
我们正式的掠夺性定价的特点，在现代产业动力学的框架内，内生竞争优势和产业结构。作为一个说明性的例子，我们专注于边做边学。为了将掠夺性定价从学习曲线上的单纯效率竞争中解脱出来，我们分解了均衡定价条件。我们表明，迫使企业忽略掠夺性激励在制定价格可以有很大的影响，这种影响源于消除均衡与掠夺行为。沿着的是掠夺式的行为，然而，相当数量的市场竞争被消除了。
We formally characterize predatory pricing in a modern industry-dynamics framework that endogenizes competitive advantage and industry structure. As an illustrative example we focus on learning-by-doing. To disentangle predatory pricing from mere competition for efficiency on a learning curve we decompose the equilibrium pricing condition. We show that forcing firms to ignore the predatory incentives in setting their prices can have a large impact and that this impact stems from eliminating equilibria with predation-like behavior. Along with the predation-like behavior, however, a fair amount of competition for the market is eliminated.