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According to the property rights approach to the theory of the firm based on incomplete contracting, the ownership structure (i.e., integration or non-integration) determines how the returns to non-contractible investments will be divided in future negotiations. Hence, whether or not outsourcing an activity to a different firm is optimal ...
In economics, industrial organization is a field that builds on the theory of the firm by examining the structure of (and, therefore, the boundaries between) firms and markets. Industrial organization adds real-world complications to the perfectly competitive model, complications such as transaction costs , [ 1 ] limited information , and ...
While graph drawing and graph representation are valid topics in graph theory, in order to focus only on the abstract structure of graphs, a graph property is defined to be a property preserved under all possible isomorphisms of a graph. In other words, it is a property of the graph itself, not of a specific drawing or representation of the graph.
In mathematics, the graph structure theorem is a major result in the area of graph theory. The result establishes a deep and fundamental connection between the theory of graph minors and topological embeddings. The theorem is stated in the seventeenth of a series of 23 papers by Neil Robertson and Paul Seymour. Its proof is very long and involved.
The structure–conduct–performance (SCP) paradigm, first published by economists Edward Chamberlin and Joan Robinson in 1933 [1] and subsequently developed by Joe S. Bain, is a model in industrial organization economics that offers a causal theoretical explanation for firm performance through economic conduct on incomplete markets.
A graph with three components. In graph theory, a component of an undirected graph is a connected subgraph that is not part of any larger connected subgraph. The components of any graph partition its vertices into disjoint sets, and are the induced subgraphs of those sets. A graph that is itself connected has exactly one component, consisting ...
There are also firm specific factors affecting market concentration, including: research and development levels, and the human capital requirements. [5] Although fewer competitors doesn't always indicate high market concentration, it can be a strong indicator of the market structure and power allocation.
In a connected graph, each cut-set determines a unique cut, and in some cases cuts are identified with their cut-sets rather than with their vertex partitions. In a flow network , an s–t cut is a cut that requires the source and the sink to be in different subsets, and its cut-set only consists of edges going from the source's side to the ...