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Demand Uncertainty and the Choice of Business Model in the Semiconductor Industry
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- Authors
- Issue Date
- 2005-10
- Citation
- Seoul Journal of Economics, Vol.18 No.4, pp. 303-324
- Keywords
- outsourcing ; capital investment ; uncertainty ; fab-lite business
- Abstract
- The traditional approach to voluntary provision of pure public goods typically models the factors of group heterogeneity and group size in a piecemeal fashion and fails to explain salient empirical observations. Integrating both factors into a single model, we examine how they interact with each other to determine the structure of Nash equilibrium, and show that this model is indeed useful in making realistic predictions.
- ISSN
- 1225-0279
- Language
- English
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