Simulation Scenarios - Rationale and Illustration

Abstract

Business games, by and large, are closed systems. That is, participating firms are assumed to operate in one or several self-contained markets, unaffected by market-exogenous events. To provide a vital dimension of realism such events must be added. A series of this kind of events constitute a scenario. In 1993 the first Model Scenario of World events was developed for the International Operations Simulation (INTOPIA). A new INTOPIA Model Scenario of possible events in the 1998-2000 period has just been released.