Business Games for Management and Economics : Learning by Playing

by Bazil, Leon

• ISBN13: 9789814355575
• ISBN10: 9814355577
• Format: Hardcover
• Copyright: 2012-03-30
• Publisher: World Scientific Pub Co Inc

Summary

Business Games for Management and Economics: Learning by Playing presents board and video business games which combine teamwork with individual decisions based on computer models. Business games support integration of learning experience for different levels of education and between different disciplines: economics, management, technological, environmental and social studies. The work is based on experience in adaptation, design and conducting of field, and board and video games played in college settings within standard schedules. Most of the games are played in Modeling and Simulation, Microeconomics, Logistics and Supply Chain Management courses. Game boards are 2- or 3-dimensional displays of subsystems, their components and phases of technological and business processes, which allow customization of games of the same type for different missions in schools, universities, and corporate training centers. The range of games applied to economics and management classes spreads from 2-person games for kid's "Aquarium" up to the REACTOR games for several teams of executives.

Table of Contents

A Synopsis	p. ix
Acknowledgements	p. xi
About the Author	p. xiii
List of Tables	p. xv
List of Figures	p. xix
Introduction	p. xxvii
The Mission of Games	p. xxxi
Choosing a Business Game	p. 1
Learning by Playing	p. 3
History of business games	p. 4
Types of business games	p. 13
Games as educational tools	p. 20
Game as a research and development (R&D) tool	p. 32
Models for Business Games	p. 41
The structure of the game	p. 42
Game theory and mathematical models	p. 48
System dynamics models	p. 62
Decision trees	p. 72
Probabilistic models and Monte Carlo simulation	p. 77
Optimization models	p. 83
Field and Board Business Games	p. 87
Field games	p. 88
Cards and board games	p. 96
Rules and procedures of games	p. 106
Computer Games	p. 113
Electronic (digital) games	p. 114
Videogames	p. 122
Online games and interactive computer simulations	p. 131
Games that Conquer the World	p. 136
Choosing a Game	p. 141
Level of education and game type	p. 142
Classroom games	p. 147
Management science/operations research	p. 154
Utility theory	p. 156
Designing a Business Game	p. 163
The Purpose of the Game	p. 165
Technological systems	p. 166
Environmental systems	p. 175
Economic systems	p. 184
Social systems	p. 198
The Idea of the Game	p. 209
The source of the game	p. 210
The sources of creativity	p. 219
The structure of a game	p. 223
Business game players and teams	p. 227
Designers team formation and leadership	p. 233
Business Game Hardware Design	p. 247
Game design process	p. 248
Design of the game prototype	p. 251
Rules and procedures	p. 255
Games hardware: sandboxes, boards and displays	p. 259
Visualizing mathematical models	p. 262
Technology and aesthetics of a game	p. 266
Software for Business Games	p. 275
Choosing a software	p. 276
System dynamics software	p. 280
Monte Carlo simulation by Crystal Ball	p. 283
Agent-Based simulation by Any logic	p. 288
Business Games for System Design	p. 295
Business game for systems design	p. 296
System design organization	p. 302
Network-Centric model of economic system	p. 308
From system design to SoS Simulation	p. 312
System of systems business and enterprises games	p. 317
Conclusion	p. 322
Appendix	p. 325
References	p. 353
Index	p. 367
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