A further inquiry on entry/exit decision and Prisoner’s Dilemma

• Main Authors: Chien-Heng Chen, 陳建亨
• Other Authors: Mau-Shan Shi
• Format: Others
• Language: zh-TW
• Published: 2009
• Online Access: http://ndltd.ncl.edu.tw/handle/uv7yd4

碩士 === 國立暨南國際大學 === 經濟學系 === 97 === This study includes two apart: The first is about entry/exit decision of firms. The studies about numbers of firm in a specifically industry are so hard that be ignored by economist. Generally, the numbers of firm is given as exogenous variable in economics analysis. Hence, we try to analyze question by different viewpoints from firms and social planner. The second is a revisit of Prisoner’s dilemma. We compare the analogy between the Chinese old saying, Yu Bang Xiang Zheng, and the Prisoner’s Dilemma. The story of “Yu Bang Xiang Zheng” existed in ancient China for more two thousand years. Yet the Prisoner’s Dilemma, a classic illustration in game theory, emerged only a half century. Given the analogy between both, why one is more prevalent than the other is explored. Some implications onto management out of our exploration are also remarked in the analysis.