Suggestion: Auction for natural resources

You may post your suggestions about Capitalism Lab here
Post Reply
bonzi200x
Posts: 1
Joined: Mon Sep 17, 2012 11:15 am

Suggestion: Auction for natural resources

Post by bonzi200x »

I think increasing the price for natural resource is not a good strategy to reduce the monopoly. Instead natural resources should be auctioned. This can help to reduce the monopoly in 2 ways
1) If your corporation is not doing well at the time of an auction you may choose not to submit a bid.
2) A corporation may not want to invest too much if the expected return is too low.
Post Reply