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Full-Text Articles in Social and Behavioral Sciences
Cnh: Fine-Scale Dynamics Of Human Adaptation In Coupled Natural And Social Systems: An Integrated Computational Approach Applied To Three Fisheries, James A. Wilson, James Acheson, Robert Steneck, Yong Chen, Teresa R. Johnson
Cnh: Fine-Scale Dynamics Of Human Adaptation In Coupled Natural And Social Systems: An Integrated Computational Approach Applied To Three Fisheries, James A. Wilson, James Acheson, Robert Steneck, Yong Chen, Teresa R. Johnson
University of Maine Office of Research Administration: Grant Reports
The purpose of this project is to gain a better understanding of the way competition between individual fishermen lead to the emergence of private incentives and informal social arrangements that are (or are not) consistent with conservation of the resource. These informal arrangements and incentives are important because they help us understand the extent to which private interests might strengthen or weaken on-going resource management and, consequently, the sustainability of coupled human and natural systems. The broad hypothesis driving the study is that the informal social structure that emerges from competitive interactions among fishermen reflects the particular circumstances of the …
Does Market Competition Lead To Customization?, Wen-Tai Hsu, Yi Lu, Travis Ng
Does Market Competition Lead To Customization?, Wen-Tai Hsu, Yi Lu, Travis Ng
Research Collection School Of Economics
This paper proposes a theory of competition and customization. When firms allocate their production to both custom-made and standardized products, the fraction of sales from the former will increase in the face of increased competition. Recent surveys conducted by the World Bank on Chinese firms provide a rare direct measure of customization that allows us to test the above-mentioned prediction. We find empirical results consistent with the prediction.