Endurance: A Game for Current Economic Times

Authors

  • Elizabeth Murff
  • Richard Teach

Abstract

ENDURANCE© is a business simulation designed to replicate an economy that will go into a recession. This simulation’s firms all start with under capacity but the simulated economy is forecasting falling demand. The simulation has five participant-run, competing manufacturing firms and one computer-run competitor firm and last for approximately 16 to 20 rounds. The computerrun firm is designed to prevent ill-conceived decisions on the part of the participants from destroying the learning model of the game. The objective of the simulation is to teach participants how to recognize an oncoming recession early and how to undertake strategies and policies that will maximize the firm’s probabilities of survival.

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Published

2014-01-09