Equilibrium in production chains with multiple upstream partners
文献类型：期刊论文
| 作者 | Yu, Meng2,3; Zhang, Junnan1 |
| 刊名 | JOURNAL OF MATHEMATICAL ECONOMICS
 |
| 出版日期 | 2019-08-01 |
| 卷号 | 83页码:1-10 |
| 关键词 | Production network Firm boundaries Monotone concave operator theory Equilibrium uniqueness Computational techniques |
| ISSN号 | 0304-4068 |
| DOI | 10.1016/j.jmateco.2019.04.002 |
| 英文摘要 | In this paper, we extend and improve the production chain model introduced by Kikuchi et al. (2018). Utilizing the theory of monotone concave operators, we prove the existence, uniqueness, and global stability of equilibrium price, hence improving their results on production networks with multiple upstream partners. We propose an algorithm for computing the equilibrium price function that is more than ten times faster than successive evaluations of the operator. The model is then generalized to a stochastic setting that offers richer implications for the distribution of firms in a production network. (C) 2019 Elsevier B.V. All rights reserved. |
| 资助项目 | Australian Government Research Training Program (RTP) Scholarship |
| WOS研究方向 | Business & Economics ; Mathematics ; Mathematical Methods In Social Sciences |
| 语种 | 英语 |
| WOS记录号 | WOS:000473249600001 |
| 出版者 | ELSEVIER SCIENCE SA |
| 源URL | [http://ir.amss.ac.cn/handle/2S8OKBNM/35107]  |
| 专题 | 中国科学院数学与系统科学研究院 |
| 通讯作者 | Zhang, Junnan |
| 作者单位 | 1.Australian Natl Univ, Res Sch Econ, Canberra, ACT, Australia 2.Univ Chinese Acad Sci, Sch Math Sci, Beijing 100049, Peoples R China 3.Chinese Acad Sci, Acad Math & Syst Sci, Inst Math, Beijing 100190, Peoples R China |
| 推荐引用方式 GB/T 7714 | Yu, Meng,Zhang, Junnan. Equilibrium in production chains with multiple upstream partners[J]. JOURNAL OF MATHEMATICAL ECONOMICS,2019,83:1-10. |
| APA | Yu, Meng,&Zhang, Junnan.(2019).Equilibrium in production chains with multiple upstream partners.JOURNAL OF MATHEMATICAL ECONOMICS,83,1-10. |
| MLA | Yu, Meng,et al."Equilibrium in production chains with multiple upstream partners".JOURNAL OF MATHEMATICAL ECONOMICS 83(2019):1-10. |
入库方式： OAI收割
来源：数学与系统科学研究院
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