The Evolution of Contestable Markets: A Computing Simulation

Autor:	Hui Zhang, Zhenguo Han, Minrong He
Rok vydání:	2010
Předmět:	Microeconomics ComputingMilieux_THECOMPUTINGPROFESSION Financial economics Economics InformationSystems_MISCELLANEOUS Monopoly Outcome (game theory) Supply and demand
Zdroj:	iBusiness. :295-299
ISSN:	2150-4083 2150-4075
DOI:	10.4236/ib.2010.23037
Popis:	This paper introduces a computing simulation of the evolution of contestable markets. The results show that the evolving outcome of contestable markets is a monopoly when the market demand is fixed. This computing simulation also tells us how information to influence the evolution of contestable markets. In the end, some advices are provided.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::a5be8d1b076892bcc370fe4d67cc0ae2 https://doi.org/10.4236/ib.2010.23037 Zobrazit plný text záznamu