Limitations of Excessive Retailing Competition
对零售业过度竞争解释的理论缺陷

Competition can be helpful for enhancing economic efficiency. However,the reality of economy has indicated that there are some situations in which the efficiency is lost due to excessive competition. Some existing theories have defined the general state of the excessive competition,further research of which mainly focuses on the manufacturing and little has been done on the retail industry. By analyzing existing literatures of excessive competition,we find it difficult to embody the price complexity of reta...