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ISSN : 2005-0461(Print)
ISSN : 2287-7975(Online)
Journal of Society of Korea Industrial and Systems Engineering Vol.32 No.2 pp.158-170
DOI :

유전자 알고리즘을 이용한 수출기업 독점력이 최적수출생산량에 미치는 영향 분석

송정석, 박유진
중앙대학교 상경학부 무역학과

Analysis of Influence of Monopoly Power on Optimal Export Level Using Genetic Algorithm

Jeong-Seok Song, Park You-Jin
Department of International Trade, College of Social Sciences, Chung-Ang University
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Abstract

This paper considers how the optimal export level is influenced by export risk, the degree of risk-averseness for exporting firms, and those firms' cost structure. In addition, export insurance is incorporated into some simple theoretical model to analyze the optimal export level. This paper applies genetic algorithm simulation to show that the exporting firms'risk-averseness do not affect the optimal export decision while export risk and cost function characteristic have relatively more significant effects on the optimal export level. Finally, our findings suggest that the most influential factor for the optimal export levels seems to be the monopoly power of exporting firms.

Reference