Wettbewerbsannahmen
Wettbewerbsannahmen, or competition assumptions, are fundamental principles used in economics and business strategy to analyze and predict market behavior. These assumptions are based on the idea that firms operate in competitive environments where they must make decisions that maximize their profits. The key assumptions underlying the concept of competition include:
1. Perfect Information: All participants in the market have access to the same information about products, prices,
2. Perfect Competition: Many firms sell identical products, and no single firm can influence the market price.
3. Rational Behavior: Firms act in their best interest, aiming to maximize profits.
4. Homogeneous Products: All products in the market are identical, with no differences in quality or features.
5. Free Entry and Exit: Firms can freely enter or leave the market based on their profitability.
These assumptions form the basis for models like the Perfect Competition model, which helps economists and