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厦大经济学科陈德麟老师独作于顶刊Management Science在线发表

2023/6/15 14:20:11  阅读:89 发布者:

近日,厦门大学邹至庄经济研究院、经济学院经济学系陈德麟助理教授独立完成的学术论文Quality Strategies in Network Markets”在UTdallas24排名期刊之一Management Science 在线发表。

This paper studies network market problems in which firm(s)/platform(s) sets quality in addition to price. A well-established result in the network economics literature is that a profit-maximizing firm concerns only how quality is valued by the marginal consumer but not by inframarginal consumers, aka the Spence effect/distortion. For markets with strong network effects under which multiple market-tipping equilibria exist, I show that the validity of the previous result depends on the choice of the equilibrium selection criterion. Precisely, I show that all criteria commonly used in this literature give rise to the Spence effect, whereas the well-justified risk dominance criterion in game theory and its generalizations do not. Novel quality strategies are derived based on the latter criteria.

陈德麟,美国波士顿大学经济学博士,现为厦门大学邹至庄经济研究院、经济学院经济学助理教授。研究领域为微观经济学理论和产业组织。已在The RAND Journal of EconomicsManagement Science等国际权威期刊发表论文。

来源:厦门大学王亚南经济研究院WISE

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