In the Competition Simulator Exercise, students investigate through trial and error some noteworthy economic fundamentals of managerial economics and competitive strategy.In particular, the simulator let students inspect flat differentiation with and without cost setting, strategic complements and substitutes and their allegation for obligation and for first-mover advantage, the consequence of the number of challengers on the fight back of a market, the capacity limitations and judo economics, the natural monopoly and also the impact of market size, technology choice as entry prevention, endogenous economies of scale, and capacity limit in goods markets.
PUBLICATION DATE: July 10, 2013 PRODUCT #: 714406-HCB-ENG
This is just an excerpt. This case is about STRATEGY & EXECUTION