Title
Market partitioning and the geometry of the resource space Market partitioning and the geometry of the resource space
Author
Faculty/Department
Faculty of Applied Economics
Publication type
article
Publication
Chicago, Ill. ,
Subject
Economics
Source (journal)
American journal of sociology. - Chicago, Ill., 1895, currens
Volume/pages
104(1999) :2 , p. 1132-1153
ISSN
0002-9602
1537-5390
Carrier
E
Target language
English (eng)
Full text (Publishers DOI)
Affiliation
University of Antwerp
Abstract
This article gives a new explanation for generalist and specialist organizations' coexistence in crowded markets. It addresses organizational ecology's resource-partitioning theory, which explains market histories with scale economies and crowding, and it shows that some main predictions of this theory can be restated in terms of structural properties of the A'-dimensional Euclidean space. As resource-space dimensionality increases, the changing niche configurations open opportunities for specialists. The proposed approach draws upon the sphere-packing problem in geometry. The model also explains new observations, and its findings apply to a range of crowding and network models in sociology
Handle