6,675 research outputs found

    Outflow Dynamics in Modeling Oligopoly Markets: The Case of the Mobile Telecommunications Market in Poland

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    In this paper we introduce two models of opinion dynamics in oligopoly markets and apply them to a situation, where a new entrant challenges two incumbents of the same size. The models differ in the way the two forces influencing consumer choice -- (local) social interactions and (global) advertising -- interact. We study the general behavior of the models using the Mean Field Approach and Monte Carlo simulations and calibrate the models to data from the Polish telecommunications market. For one of the models criticality is observed -- below a certain critical level of advertising the market approaches a lock-in situation, where one market leader dominates the market and all other brands disappear. Interestingly, for both models the best fits to real data are obtained for conformity level p∈(0.3,0.4)p \in (0.3,0.4). This agrees very well with the conformity level found by Solomon Asch in his famous social experiment

    Alexander Werdmuller von Elgg

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    This research aims to describe a condition of college level art education and is composed of two parts: an annotated bibliography and a survey. The annotated bibliography describes dissertations, research papers, articles, and books about histories and current trends in college level art education. The survey asks students and faculty at San Jose State University, California about their extent of value toward a variety of experiences in college level art education. Some key findings from the research are that studio space, expressivity, and craftsmanship are some of the most valuable qualities in college level art education.https://scholarworks.sjsu.edu/lrsp/1000/thumbnail.jp

    Falling behind or catching up? Developing countries in the era of globalization

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    Globalization improves the prospects for developing countries (DCs) to catch up economically with industrialized countries. But not all DCs will automatically benefit from globalization. Some DCs even face the risk of being delinked from the international division of labor. Differences in DC economic policies ultimately determine whether there will be a deepening divide between rich and poor countries in the world economy. Many observers draw an overly pessimistic picture of the perspectives of DCs in the era of globalization because of missing institutionalized links to regional integration schemes in Europe and North America, a low level of interfirm technology cooperation between industrialized countries and DCs, and a high concentration of foreign direct investment (FDD flows on only a few DC hosts. However, such concerns are largely unfounded: Asian DCs are most successful in globalization although they have remained outside institutionalized integration schemes, while ACP countries have not made much progress despite their preferential access to EU markets. Technology transfers between industrialized countries and DCs mainly occur through FDI and trade in capital goods, rather than through interfirm technology cooperation. Recent trends in FDI and international trade strongly support the proposition that DCs have become closely integrated into globalization strategies. A high concentration of FDI flows on a few DC hosts does not imply that new attractive locations cannot compete for international capital. Admittedly, it is true that between two thirds and three quarters of total FDI flows to DCs have persistently been absorbed by ten host economies. But the country composition of this group has changed over time. Globalization implies an increase in international investment cooperation. Case studies for selected DC industries show that FDI prevails in industries applying sophisticated technologies, whereas licensing and subcontracting are favored when production processes are standardized. Policy interventions may limit the choices open to investing foreign firms and, thereby, cause substitution effects between different forms of globalization or hinder globalization at all. The quality of DC economic policies determines whether these countries will succeed in joining the globalization club. The experience of the frontrunners among DCs suggests some basic policy conclusions: Openness towards world markets is a precondition for becoming involved in globalization strategies of transnational corporations. Liberalizing all forms of international investment cooperation and removing barriers to international trade should rank high on the policy agenda of DCs. Under conditions of globalized production, DC governments are increasingly constrained in pursuing policies of their own liking. Those DCs characterized by pronounced macroeconomic instability are relatively unattractive locations for international investors. Investment in physical and human capital plays a crucial role in enabling DCs to participate in globalization. Economic policies that discourage domestic saving and investment must be avoided. Financial market reforms are needed in DCs characterized by financial repression and inefficient intermediation between savers and investors. A better education of the workforce is required for a successful application of new technologies that become available through globalization. --

    Globalisation of production and markets.

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    Internationale Arbeitsteilung; Direktinvestition; Internationale Unternehmenskooperation; Industriegüteraußenhandel; Internationaler Wettbewerb; Welt; EU-Staaten; USA; Japan;

    Fighting Irrelevance: The Role of Regional Trade Agreements in International Production Networks in Asia

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    This chapter presents the results of five country case studies that explore linkages between IPNs and RTAs in three different sectors. The case studies focus on sectors in which IPNs are prevalent in the selected countries. The studies on China, India and Indonesia focus on the automotive industry. The study on Thailand covers the hard-disk drive industry while the Bangladesh study concentrates on the textile and clothing sector. This chapter begins with a brief description of the establishment of IPNs in East Asia in order to introduce the following sections on the automotive, hard disk drive, and textile and clothing sectors.trade liberalization, international production networks, regional trade agreements, value chain, Asia, automotive, hard disk drive, textile and clothing, East Asia, China, India, Indonesia, Thailand, Bangladesh
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