In the Competition Simulator Exercise, pupils investigate through trial and error some important economic bases of the competitive technique and the managerial economics.
Specifically the nine simulator exercises allow the students to investigate the horizontal distinction with and without cost setting, strategic complements and substitutes and their consequences for dedication and for first-mover advantage, the effect of the variety of challengers on the competitiveness of a market, capacity limitations and judo economics, natural monopoly and the impact of market size, technology alternative as entry deterrence, endogenous economies of scale, and ability limitation in commodity markets. It may be utilized to introduce these concepts without relying on a great deal of mathematics or as an instinctive complement to a mathematical exposition.
PUBLICATION DATE: June 11, 2012 PRODUCT #: 712498-PDF-ENG
This is just an excerpt. This case is about STRATEGY & EXECUTION
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