A method of providing a market simulation service includes: a) receiving a request for predictive information regarding a subsequent competitive bidding process in an existing marketplace, the existing marketplace having been previously used for like competitive bidding processes, the request being received from a user device associated with a prospective participant in the subsequent competitive bidding process, the request including auction parameters and simulation parameters; b) obtaining historical marketplace data from a data storage device, the historical marketplace data associated with the existing marketplace and the plurality of like competitive bidding processes; c) processing the historical marketplace data using a statistical sampling algorithm and a resampling technique based on the auction parameters to determine a distribution function for the like competitive bidding processes; and d) simulating the subsequent competitive bidding process using an evolutionary algorithm based on the simulation parameters and the distribution function to derive the predictive information.