Title :
A Computing Simulation of the Evolution of Contestable Markets
Author :
Zhang Hui ; Han Zhenguo
Author_Institution :
Sch. of Sci., Commun. Univ. of China, Beijing, China
Abstract :
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.
Keywords :
marketing data processing; computing simulation; contestable markets; market demand; Computational modeling; Conductivity; Costs; Economies of scale; Monopoly; Mutual funds; Power generation economics; Regulators; Stochastic processes; Testing;
Conference_Titel :
Management and Service Science, 2009. MASS '09. International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-4638-4
Electronic_ISBN :
978-1-4244-4639-1
DOI :
10.1109/ICMSS.2009.5303285
