Deterministic chaos refers to an irregular or chaotic motion that is generated by nonlinear systems. The chaotic behavior is not to quantum-mechanical-like uncertainty. Chaos theory is used to prove that erratic and c...Deterministic chaos refers to an irregular or chaotic motion that is generated by nonlinear systems. The chaotic behavior is not to quantum-mechanical-like uncertainty. Chaos theory is used to prove that erratic and chaotic fluctuations can indeed arise in completely deterministic models. Chaotic systems exhibit a sensitive dependence on initial conditions. Seemingly insignificant changes in the initial conditions produce large differences in outcomes. To maximize profit, the monopolist must first determine its costs and the characteristics of market demand. Given this knowledge, the monopoly firm must then decide how much to produce. The monopoly firm can determine price, and the quantity it will sell at that price follows from the market demand curve. The basic aim of this paper is to construct a relatively simple chaotic growth model of the monopoly price that is capable of generating stable equilibria, cycles, or chaos. A key hypothesis of this work is based on the idea that the coefficient,π=[m(a-1)(e-1)^-eb]plays a crucial role in explaining local stability of the monopoly price, where,b^the coefficient of the marginal cost function of the monopoly firm, m--the coefficient of the inverse demand function, e--the coefficient of the price elasticity of the monopoly demand, a--the coefficient.展开更多
This article is based on growth, financial multidimensional perspective of redundancy and product market competition, focus on growth as a key variable, to explore the growth of financial redundancy and product market...This article is based on growth, financial multidimensional perspective of redundancy and product market competition, focus on growth as a key variable, to explore the growth of financial redundancy and product market competition. The data of 326 real estate companies were selected for empirical analysis. The research finds that the financial redundancy promotes competition in the product market, and the relationship between the growth of the enterprise growth and the competition between the financial redundancy and the competition of the product market.展开更多
PV (photovoltaic) market is dominated by Europe, especially Germany and Spain. However, the PV industry leaders recently exist in Asia. The huge market growth require industry growth, but with competitive cost. The ...PV (photovoltaic) market is dominated by Europe, especially Germany and Spain. However, the PV industry leaders recently exist in Asia. The huge market growth require industry growth, but with competitive cost. The electricity shortage in Egypt makes transferring to photovoltaic technology necessary, especially with the high solar radiation. The only reason why grid parity is not yet reached in Egypt is the elevated subsidiary of conventional electricity. If this subsidy is transformed to incentives for using and manufacturing solar cells, the situation will vary. This article shows that transferring PV industry to Egypt has a potential of cost saving of 5.7%, which could be translated either into competitive price or higher return on investment. This work is not a feasibility study. However, based on the cost structure of each phase in the PV industry value chain, the benefit (5.7% cost reduction potential) of transferring the industry to Egypt is worthy to accomplish the needed feasibility study.展开更多
文摘Deterministic chaos refers to an irregular or chaotic motion that is generated by nonlinear systems. The chaotic behavior is not to quantum-mechanical-like uncertainty. Chaos theory is used to prove that erratic and chaotic fluctuations can indeed arise in completely deterministic models. Chaotic systems exhibit a sensitive dependence on initial conditions. Seemingly insignificant changes in the initial conditions produce large differences in outcomes. To maximize profit, the monopolist must first determine its costs and the characteristics of market demand. Given this knowledge, the monopoly firm must then decide how much to produce. The monopoly firm can determine price, and the quantity it will sell at that price follows from the market demand curve. The basic aim of this paper is to construct a relatively simple chaotic growth model of the monopoly price that is capable of generating stable equilibria, cycles, or chaos. A key hypothesis of this work is based on the idea that the coefficient,π=[m(a-1)(e-1)^-eb]plays a crucial role in explaining local stability of the monopoly price, where,b^the coefficient of the marginal cost function of the monopoly firm, m--the coefficient of the inverse demand function, e--the coefficient of the price elasticity of the monopoly demand, a--the coefficient.
文摘This article is based on growth, financial multidimensional perspective of redundancy and product market competition, focus on growth as a key variable, to explore the growth of financial redundancy and product market competition. The data of 326 real estate companies were selected for empirical analysis. The research finds that the financial redundancy promotes competition in the product market, and the relationship between the growth of the enterprise growth and the competition between the financial redundancy and the competition of the product market.
文摘PV (photovoltaic) market is dominated by Europe, especially Germany and Spain. However, the PV industry leaders recently exist in Asia. The huge market growth require industry growth, but with competitive cost. The electricity shortage in Egypt makes transferring to photovoltaic technology necessary, especially with the high solar radiation. The only reason why grid parity is not yet reached in Egypt is the elevated subsidiary of conventional electricity. If this subsidy is transformed to incentives for using and manufacturing solar cells, the situation will vary. This article shows that transferring PV industry to Egypt has a potential of cost saving of 5.7%, which could be translated either into competitive price or higher return on investment. This work is not a feasibility study. However, based on the cost structure of each phase in the PV industry value chain, the benefit (5.7% cost reduction potential) of transferring the industry to Egypt is worthy to accomplish the needed feasibility study.