Simulating Price-Taking

被引：5

作者：

Engelhardt, Lucas M. ^{[1
]}

机构：

[1] Kent State Univ, Econ, Kent, OH 44240 USA

来源：

JOURNAL OF ECONOMIC EDUCATION | 2015年 / 46卷 / 04期

关键词：

competitive markets; principles of microeconomics; simulation; MARKETS;

D O I：

10.1080/00220485.2015.1071219

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In this article, the author presents a price-takers' market simulation geared toward principles-level students. This simulation demonstrates that price-taking behavior is a natural result of the conditions that create perfect competition. In trials, there is a significant degree of price convergence in just three or four rounds. Students find this simulation to be a fun, educational experience that adds value to their understanding of competitive markets.

引用

页码：430 / 439

页数：10

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