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A simulation of effects of predatory pricing models in a market. Especially in the context of Indian farmers' protests.

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tarunbatra/know-your-kisaan

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Know Your Kisaan

Deployed at: https://knowyourkisaan.com

No farmers no food

This is a demo web app to show predatory pricing strategy in a market to root out competition is not good for the consumers in the long run. The UI components are made while keeping the 2020 Indian agricuture acts in mind but the economic models are generic and can be applied to other markets too.

Context

Farmers in India are demandind abolition of 3 laws which opens up the agricultural market for private players with no minimum price and no restrictions on hoarding. They believe without proper safeguards, these laws will be deterimental to their economic well-being. One of their main concerns is that private players wil indulge in predatory pricing to create monopolies and root out competition. Read more about the protests here at Wikipedia.

Contributions

Contributions in the form of issues and PRs are welcome. I am neither an economist nor a frontend developer so here are definately bugs there. Any help is appreciated.

License

MIT

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A simulation of effects of predatory pricing models in a market. Especially in the context of Indian farmers' protests.

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