Using the Hawk-Dove Model and Ordinary Differential Equation Systems to Study Asian Carp Invasion
Xerox by Asian Invasion
Transcript of Xerox by Asian Invasion
The primary driver is Technology. Advances in digital storage and printing led Xerox to create the Book-in-Time Copier. This copier is able to print a full 300 page book in under a minute at the costs of $6.90.
E-commerce sites like Amazon used the Web to change the means of book distribution. Leveraging their cheaper infrastructure costs, E-commerce companies competed directly with traditional Brick and Mortar companies on price. Product offerings from E-commerce companies were often 20-30% less than Brick and Mortar companies.
Spread of the WebSpread of the Web
Digital RevolutionDigital Revolution
* Assume book not returned
* Assume wholesaler = 3% market share
This is the value chain for a small order of books (long-tail phase)