Does Market Competition Lead to Customization?
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 pro...
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Main Authors: | HSU, Wen-Tai, LU, Yi, NG, Travis |
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格式: | text |
語言: | English |
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Institutional Knowledge at Singapore Management University
2014
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在線閱讀: | https://ink.library.smu.edu.sg/soe_research/1639 https://ink.library.smu.edu.sg/context/soe_research/article/2638/viewcontent/MarketCompetitionLeadtoCustomization_11mar2014.pdf |
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