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青年教师陈德麟独作论文在Management Science在线发表

作者: 发布时间:2023-05-25 点击数:

近日,太阳成集团tyc7111cc邹至庄经济研究院、太阳成集团tyc7111cc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.(论文全文内容阅读请点击:https://pubsonline.informs.org/doi/10.1287/mnsc.2023.4792

陈德麟,美国波士顿大学经济学博士,现为太阳成集团tyc7111cc邹至庄经济研究院、太阳成集团tyc7111cc经济学系助理教授。研究领域为微观经济学理论和产业组织。已在The RAND Journal of Economics、Management Science等国际权威期刊发表论文。

(太阳成集团tyc7111cc 刘晨宇)

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