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A Revised Minimum Spanning Table Method for Expanding Competence Sets

Author

Listed:
  • Shoubin Qi

    (School of Economics and Management, Nanjing University of Science and Technology, China)

  • Junwen Feng

    (School of Economics and Management, Nanjing University of Science and Technology, China)

Abstract

This paper proposes a revised table-based method to facilitate developing a computer code. A computer program, called TBM, based on the revised algorithm, was developed to solve the large-scale problems of expanding competence sets. A numerical example is given, and some possible future research topics on the related theme are discussed.

Suggested Citation

  • Shoubin Qi & Junwen Feng, 2018. "A Revised Minimum Spanning Table Method for Expanding Competence Sets," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 7(2), pages 40-45, June.
    • Handle: RePEc:rfh:bbejor:v:7:y:2018:i:2:p:40-45
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    References listed on IDEAS

    as
    1. Yu, Po L. & Zhang, Dazhi, 1990. "A foundation for competence set analysis," Mathematical Social Sciences, Elsevier, vol. 20(3), pages 251-299, December.
    2. J. W. Feng & P. L. Yu, 1998. "Minimum Spanning Table and Optimal Expansion of Competence Set," Journal of Optimization Theory and Applications, Springer, vol. 99(3), pages 655-679, December.
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    More about this item

    Keywords

    Competence Set Expansion; Habitual Domains; Spanning Table Method;
    All these keywords.

    JEL classification:

    • D85 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Network Formation

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