The Market Spectrum: From Perfect Competition to Monopoly
A-Level microeconomics synthesis simulation.
Run a three-firm Costarian beverage industry through the full entry / fight / exit cycle. Surface barriers, contestability, predation and the war of attrition.
Run a three-firm Costarian beverage industry through the full entry / fight / exit cycle. Surface barriers, contestability, predation and the war of attrition.
Three rounds: Tropico's entry decision (Mercurio NPV under three incumbent reactions), Helio Verde's accommodate-vs-fight decision (Areeda-Turner, Brooke Group, AKZO, Wanadoo), and Tropico's exit-or-pivot decision (sunk-cost fallacy and Bulow-Klemperer war of attrition).
An advanced simulation for participants used to working with the main frameworks and trade-offs of the subject, designed for executive education and experienced professionals.
The decisions participants make during the simulation:
Designed for courses in Microeconomics.
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