Supply and demand law under variable information

Yuan, Guanghui; Han, Jingti; Zhou, Lei; Liang, Hejun; Zhang, Yi-Cheng

doi:10.1016/j.physa.2019.04.240

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Journal article

Supply and demand law under variable information

Yuan, Guanghui School of Information Management and Engineering, Shanghai University of Finance and Economics, Shanghai, China - Fintech Research Institute, Shanghai University of Finance and Economics, Shanghai, China
Han, Jingti Fintech Research Institute, Shanghai University of Finance and Economics, Shanghai, China
Zhou, Lei Faculty of Computer and Software Engineering, Huaiyin Institute of Technology, Huaian, China
Liang, Hejun Fintech Research Institute, Shanghai University of Finance and Economics, Shanghai, China - Department of Computer Science, University of Reading, Reading RG6 6AH, United Kingdom
Zhang, Yi-Cheng Department of Physics, University of Fribourg, Switzerland

15.12.2019

Published in:

Physica A: Statistical Mechanics and its Applications. - 2019, vol. 536, p. 121004

English When the product quality is limited and the information capability is variable, we propose the enterprise enhances corporate profits by changing the relationship between market demand and external resources. We assume that the information capacity can be changed through the input of external resources. In this paper, we present a research agenda that empowers external resources to transform consumer information capabilities and hence market demand. The result shows that the higher the quality of the product, the more market demand can be obtained by investing in external resources in the early stage. The research of this paper provides a set of models for enterprises to choose a better opportunity to promote their products according to the quality of their products or services, which will help enterprises achieve better returns in the short term.

Faculty

Faculté des sciences et de médecine

Department

Département de Physique

Language