Two Empirical Studies of Software Firm’s Price Competition and Labor’s Real Wage

• Main Authors: CHENG,KUEI-YUAN, 鄭貴元
• Other Authors: LEE, YAO-HSIEN
• Format: Others
• Language: zh-TW
• Published: 2017
• Online Access: http://ndltd.ncl.edu.tw/handle/13229515159277352187

博士 === 中華大學 === 科技管理博士學位學程 === 105 === ABSTRACT This study allowing for the randomization of the M/M/1 queue and parameters creates a real stochastic and dynamic model of price competition. We simulate and demonstrate that optimal prices have a uniform distribution. With regard to the optimal outputs, the output for a shrink-wrap software firm is almost narrowed to a specific value. Conversely, a concave shape of the output distribution for a cloud service firm shows a half range of the distributed assumption of consumers. The simulated profits allow us to provide evidence that the cloud service firm might earn higher profits and face higher risks than the shrink-wrap software firm. Our results also demonstrate that customers buy shrink-wrap software for special use, whereas their purchases of cloud services are more elastic. These results imply that the cloud service firm can implement marketing strategies to efficiently earn profits. The study also investigates Taiwan real wage-Phillips curve at two different directions where Taiwan economy and labor market may be deeply affected by the export-orientated factors such as trades with China and money quantity supply policy. The growth rates of Taiwan real wages are estimated by the stepwise-linear and curve-linear regressive models where the Taylor series expansion in the curve-linear model can be expanded to 12th and 17th-order respectively and have more explainable power. The results are contrary to the facts that we are familiar with from the traditional Phillips curve and from the linear regressive model. The estimated regressive curve in the curve-linear model is a more accurate, explainable and less MSE diagram where the curve indicates that the facts of the decreasing growth rates of Taiwan real wages, even the nominal wages.