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A Computing Simulation of the Evolution of Contestable Markets

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 mar...

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Main Authors: Zhang, Hui, Han, Zhenguo
Format: Conference Proceeding
Language:English
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Han, Zhenguo
description 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.
doi_str_mv 10.1109/ICMSS.2009.5303285
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subjects Computational modeling
Conductivity
Costs
Economies of scale
Monopoly
Mutual funds
Power generation economics
Regulators
Stochastic processes
Testing
title A Computing Simulation of the Evolution of Contestable Markets
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