Tingting Jiang
ABSTRACT
Under the background of population aging, the market demand for elderly care has increased sharply. The elderly care services provided by traditional state-owned enterprises (SOEs) not only cannot meet the multi-level elderly care needs but also increase the financial burden of state-owned assets. Social enterprises can provide diversified and high-quality elderly care services to ensure economic and social value creation. Promoting the sustainable supply of social enterprises is a hot issue that must be solved in the current market-oriented transformation of elderly care services. To this end, we construct a dynamic Cournot duopoly model with bounded rational social pension enterprises. Furthermore, through theoretical analyses and numerical simulations, we find that social enterprises can increase output by increasing social investment and adjustment speed, but they need to control social investment within a suitable range. Our results provide theoretical significance for the sustainable development of social pension enterprises.
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Index Terms
- Sustainability of Social Pension Enterprises: A Dynamic Cournot Duopoly Model
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