BB-101 Simple Monopoly Demand Curve
Shows how to Simulate a simple Monopoly Market with a single Product.
Read Moreby Scientific Strategy | Jun 25, 2018 | Building Blocks | 0 |
Shows how to Simulate a simple Monopoly Market with a single Product.
Read Moreby Scientific Strategy | Jun 26, 2018 | Building Blocks | 0 |
Shows how other Customer Distributions can be created and used in a Monopoly Market.
Read Moreby Scientific Strategy | Jun 26, 2018 | Building Blocks | 0 |
Compares Monopoly Markets to Commodity Markets to Orthogonal Markets.
Read Moreby Scientific Strategy | Jun 27, 2018 | Building Blocks | 0 |
Shows the Static Competition between two Rivals selling identical Products.
Read Moreby Scientific Strategy | Jun 27, 2018 | Building Blocks | 0 |
Shows a simple Price War between two Rivals selling identical Products.
Read Moreby Scientific Strategy | Jun 27, 2018 | Building Blocks | 0 |
Loops over a simple Price War a fixed number of iterations. A Bertrand Paradox emerges where each Product Price is reduced towards Marginal Cost.
Read Moreby Scientific Strategy | Jun 27, 2018 | Building Blocks | 0 |
Shows how a Market Simulation Loop can be used by a Monopoly to find the Revenue Maximizing Price.
Read Moreby Scientific Strategy | Jun 27, 2018 | Building Blocks | 0 |
Explores what happens when two Competitors are simultaneously trying to find the Profit Maximizing Price of Undifferentiated Commodity Products.
Read Moreby Scientific Strategy | Jun 28, 2018 | Building Blocks | 0 |
Example of how to model a Competitive Price War within a Category of highly differentiated ‘Orthogonal’ Products.
Read Moreby Scientific Strategy | Jun 28, 2018 | Building Blocks | 0 |
Models a Competitive Price War when two Differentiated Products are Price Optimizing different goals: one Competitor seeking to maximize Revenue, the other Competitor seeking to maximize Profit.
Read Moreby Scientific Strategy | Sep 17, 2018 | Building Blocks | 0 |
Follows the Commoditization process as Products shift from differentiated to undifferentiated, and the Market shifts from Monopolistic Competition to Perfect Competition.
Read Moreby Scientific Strategy | Jun 28, 2018 | Building Blocks | 0 |
Explains why copycat Products often fail. In this Market Simulation the newest Competitor has the lowest Market Share despite copying from both Incumbents.
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