A place where ideas in business strategy can be tested

perfectcompetition.net is a simulation, a game and a social network.

For business schools, in particular MBA programmes, computer based simulations are an effective way to illustrate to students concepts in finance, accounting, marketing, supply chain management, HR, business administration, strategy, and economics.

For economists, especially academics working in the fields of experimental economics, game theory, and behavioural economics, computer based simulations are a form of research. Traditional macroeconomics examines phenonmena from statistical analyses of the economy. Traditional microeconomics examines phenonmena from the ground up using conjecture and mathematics. With the arrival of game theory (a field of mathematics that focuses on decision making within a group) and networked computers, some economists have taken microeconomics into the computer laboratory to observe behaviour and economic phenonmena.

perfectcompetition.net is a business simulation with a very strong foundation in game theory. In many ways, it is a giant economics computer laboratory.

To those who don't have a business background, the game can be a means by which concepts in business administration and strategy can become familiar. To those who do, the game can be a place where ideas in business strategy can be tested and perhaps new strategies can be discovered. To those who are in the field of economics, the game can be a research tool. To those who like meeting and interacting with people online, the game makes it possible. To those who enjoy multi-player games, the game is that too.