This paper proposes a game-theoretic model to analyze the strategic behavior of inc-dec gaming in market-based congestion management (redispatch). We extend existing models by considering incomplete information about competitors’ costs and a finite set of providers. We find that these...

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places...

Higher education institutions are embracing technology development and innovative teaching methods in order to prepare their students to be future professionals. New teaching frameworks extend existing learning approaches and set students as main characters of the learning process, which shifts...

This paper discusses the use of business simulation games in the strategic management domain. Business simulation games have many attributes of effective learning environments, as suggested by experiential learning theory (ELT) e.g. business simulation games include reflective observation and...

1 Einführung: Planspiele und Ressourceneffizienz -- 2 RE:PLAN Projektergebnisse -- 3 Abschließende Bewertung – Planspiele als eine geeignete didaktische Methode zum Einstieg in das Thema Ressourceneffizienz -- 4 RE:MATERIAL – das Planspiel zu Energie- und Stoffstrommanagement. 5 RE:MFKR...

"Computer simulations, serious digital games, and gamification add fun and engagement to business courses, while also improving students' learning outcomes. Computer Simulations and Gaming provides business educators with the theoretical background, selection foundations, and implementation...

Die Bereitstellung einer angemessenen und ausreichenden Wohnraumversorgung in Städten und Verdichtungsräumen stellt angesichts der globalen, regionalen und lokalen Transformationsprozesse eine besondere Herausforderung für eine nachhaltige Stadt- und Regionalentwicklung dar. Zudem haben sich...

Die Bereitstellung einer angemessenen und ausreichenden Wohnraumversorgung in Städten und Verdichtungsräumen stellt angesichts der globalen, regionalen und lokalen Transformationsprozesse eine besondere Herausforderung für eine nachhaltige Stadt- und Regionalentwicklung dar. Zudem haben sich...

Business management games have been used for decades, primarily for educational purposes, training, and entertainment. More recently, the use of such games has expanded to an experimental platform. Usually business management games are directly designed and developed for one or more of these...

Purpose This paper aims to design and develop a management game in the field of construction project management so that by playing the game, the required level of knowledge, skills, capabilities and overall project management competencies in individuals will be promoted. Also, player’s...

The didactical game can be considered part of an educational scenario in teaching and learning. This article aims to show how fundamental concepts from the economic - mathematical modeling area can be visualized, how to organize knowledge in coherent scenarios, presented in an educational game...

Traditionell werden ökonomische Experimente im Labor durchgeführt. In der letzten Zeit nimmt die Bedeutung von Extralaborexperimenten zu. Extralaborexperimente sind Experimente, die von der Laborumgebung abweichen. Dazu zählen internetbasierte Experimente. Diese ermöglichen es,...

Einleitung in den Bedarf von motivierenden Lehrgegenständen -- Fachdidaktische Entwicklungsforschung -- Designentwicklung -- Experiment zur Planspielerprobung -- Fazit über den Entwicklungsaufwand des haptischen Planspiels -- Aufzeigen von weiterem Forschungsbedarf.

We use an experiment to explore how subjects learn to play against computers which are programmed to follow one of a number of standard learning algorithms. The learning theories are (unbeknown to subjects) a best response process, fictitious play, imitation, reinforcement learning, and a trial...

I: Palm oil production creates negative externalities, e.g., through intensive fertiliser application. Policies to limit externalities need an effective, sustainable and efficient measure We use a business simulation game in a framed field experiment in Indonesia to test ex ante different...