Market structure and innovation: a survey of the last twenty years
Article Abstract:
Analysis of market structures from the 1970s and 1980s fails to show any significant relation to innovation in terms of industrial organization. However, a theoretical analysis provided by Kamien and Scwartz's industrial economics model show a number of striking results. The existence of industries which are not affected by volume, category of product market competition, and character of research and development (R and D) has been observed. Analysis of second-mover advantages and R and D affiliation also downplay the importance of market structure.
Publication Name: De Economist
Subject: Economics
ISSN: 0013-063X
Year: 1998
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A household production model of paid labor, household work and child care
Article Abstract:
A household production model of paid labor, child care and household work is analyzed with regards to working parents. Household production is considerably influenced and affected by the status of employment of both parents. Despite the fact that the women are employed in the labor force, they still have time for other household chores and child rearing. Whereas, men who are employed contribute less to household production.
Publication Name: De Economist
Subject: Economics
ISSN: 0013-063X
Year: 1997
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Evolutionary game theory and the modeling of economic behavior
Article Abstract:
The use of evolutionary game theory proved to be effective in modeling the behavior of individuals outside equilibrium. Unlike conventional game theory, evolutionary game theory places the static Nash equilibrium concept under a dynamic situation. Such mechanism serves as an opportunity in gaining information regarding equilibria stability and equilibrium selection mechanisms.
Publication Name: De Economist
Subject: Economics
ISSN: 0013-063X
Year: 1998
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