We propose a general equilibrium economy with oligopolistic output markets in which two channels can cause change market power: (i) technology, via changes to productivity shocks and the cost of entry, (ii) structure, number potential competitors. First, we disentangle these narratives by matching time-series on markups, labor reallocation costs between 1980 2016, finding that both are necessar...

Due to the increasing popularity of social media, social commerce has been emerging as a new form of e-commerce. As a driving force of the popularity and growth of social commerce, electronic wordof-mouth (eWOM) plays an important role during the process of consumers’ purchase decision making in social commerce. There are adequate studies that have offered a broad view on what makes the helpful...

Automatic Guided Vehicles (AGVs) are unmanned vehicles that can transport loads in a warehouse. AGVs are instructed by on-board AGV control software. As multiple AGVs operate in a decentralized manner in the warehouse environment, conflicts may arise. Consequently, it is crucial to test thoroughly whether the AGV control software actually handles the potential conflicts in the appropriate way. ...

Organizations are supposed to be systems and consequently require defining the notion of equilibrium within. However, organizations comprise people and unavoidably entail their irrational aspects. Then, the question is what is the organizational equilibrium and equilibrating mechanisms considering these aspects. Hence, some arguments are provided here to conceptualize human unconsciousness, irr...

The first requirement stresses that the solution needs to ensure that the actual available upload bandwidth at each node should be utilized as much as possible. Any solution must, therefore, adapt to the given upload bandwidth of the individual nodes. This implies that even nodes with petty upload bandwidth should be utilized (see Section 2.5 on multiple streams). The second requirement puts fo...

This paper explores a novel approach to the implementation of non-causal modelling and simulation languages supporting highly structurally dynamic systems. One reason the support for structural dynamics is limited in present mainstream non-causal modelling and simulation languages is that they are designed and implemented on the assumption that symbolic processing of models and ultimately compi...

A Mobile Ad-hoc Network builds the self-configuring wireless network with compilation of nodes and these mobile nodes with dynamism correspond to other nodes without any centralized infrastructure. Mobile nodes be similar to as router and forwards packets to other nodes in the network. A wide range of protocols are involved in Mobile Ad hoc Network for communicating and transferring of packets ...

The exponential growth in computing, networking, and storage technologies has ushered in unprecedented opportunities for parallel and distributed computing research and applications. In the meantime, emerging large-scale adaptive scientific and engineering applications are requiring an increasing amount of computing and storage resources to provide new insights into complex systems. Furthermore...

The evolution of the World Wide Web from hypermedia information repositories to web applications such as social networking, wikis or blogs has introduced a new paradigm where users are no longer passive web consumers. Instead, users have become active contributors to web applications, so introducing a high level of dynamism in their behavior. Moreover, this trend is even expected to rise in the...