The Relationship Between Equipment Manufacturing and High-tech Industry Based on Game Theory
QI Liang-qun
Abstract
QI Liang-qun
Abstract
There exist both competitive and cooperative relationship between equipment manufacturing and high-tech industry.In the aspects of RD and principal-agent relationship,the paper finds it necessary to establish the effective incentive mechanism to form the non-cooperative Nash equilibrium.The residual income makes the cooperation possibile between them.
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There exist both competitive and cooperative relationship between equipment manufacturing and high-tech industry.In the aspects of RD and principal-agent relationship,the paper finds it necessary to establish the effective incentive mechanism to form the non-cooperative Nash equilibrium.The residual income makes the cooperation possibile between them.
Key concepts: Incentive, Nash equilibrium, High tech, Industrial organization, Business, Game theory, Mechanism (biology), Principal (computer security)