論文

2017年1月

Small business and the self-organization of a marketplace

ANNALS OF REGIONAL SCIENCE
  • Ke Ding
  • ,
  • Toshitaka Gokan
  • ,
  • Xiwei Zhu

58
1
開始ページ
1
終了ページ
19
記述言語
英語
掲載種別
研究論文(学術雑誌)
DOI
10.1007/s00168-016-0800-7
出版者・発行元
SPRINGER

In many developing countries such as China, the typical marketplace is a cluster of small shops or booths. We investigate an economic model in which circular causality, including search and matching between buyers and sellers, forms agglomeration forces. We find that an authoritative third party that reduces search costs is important in sustaining a large marketplace. However, it is unnecessary to reduce search costs to zero. Finally, the low capital requirement of setting up a firm helps to sustain a large marketplace owing to its increased product heterogeneity.


リンク情報
DOI
https://doi.org/10.1007/s00168-016-0800-7
Web of Science
https://gateway.webofknowledge.com/gateway/Gateway.cgi?GWVersion=2&SrcAuth=JSTA_CEL&SrcApp=J_Gate_JST&DestLinkType=FullRecord&KeyUT=WOS:000393598800001&DestApp=WOS_CPL
URL
https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85001124100&origin=inward

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