[HN Gopher] Simulations and games in economics education
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Simulations and games in economics education
Author : yamrzou
Score : 47 points
Date : 2023-03-18 14:08 UTC (8 hours ago)
(HTM) web link (en.wikipedia.org)
(TXT) w3m dump (en.wikipedia.org)
| goldenpreppy8 wrote:
| [dead]
| andrewmutz wrote:
| Victoria 3 is a great game and has a rich economics system.
| Teaches supply chains, specialization, international trade, etc
| maxerickson wrote:
| I took an experimental economics class in college where the small
| lab fee was supposed to be paid out as prizes for doing well in
| the games we played during class. I never got a payout, but the
| class was pretty interesting regardless.
|
| I did sort of "cheat" in one of the games, I recognized that the
| software market game was really a software monopoly game (this
| was circa 2000) and put the other providers out of business in
| the first round by paying people to be my customer.
| pmelendez wrote:
| Sounds like what startups do these days :)
| [deleted]
| jckahn wrote:
| It's not the most realistic game, but I think my personal project
| Farmhand would fit here as well: https://www.farmhand.life/
|
| It's a GPL-licensed farming game where the value of crops and
| seeds fluctuate every in-game day. It's inspired by the classic
| game Drug Wars.
| mattchew wrote:
| It's pretty dated at this point (and I don't know of anything
| recent like it), but playing M.U.L.E. is a little education in
| microeconomics all by itself.
|
| https://en.wikipedia.org/wiki/M.U.L.E.
|
| Ok, I see that Planet M.U.L.E. is a recent remake that may
| actually be alive and kicking, good deal!
|
| http://www.planetmule.com/
| mysterydip wrote:
| That was a great couch competitive game. Trying to goad a
| player into bidding more than necessary for something they
| needed before they turned around and stuck you with it was good
| fun.
| yamrzou wrote:
| I posted this having in mind some simulation games by Nicky Case
| (https://ncase.me/projects/) which combine insight and fun in a
| brilliant way. Specifically:
|
| - The Evolution of Trust
|
| - The Wisdom and/or Madness of Crowds
|
| - We Become What We Behold
|
| But those games only focus on social interactions. I wonder if
| there are similar ones that focus on economics. We learn much
| better through play, a game is worth a hundred papers.
| jezzamon wrote:
| Check out the list here! https://explorabl.es/economics/
|
| The explorabl.es website is maintained by Nicky Case and has a
| whole bunch of explorable articles written by different people
| in different categories. Usually if something's written
| something interactive it'll be there!
|
| Disclaimer: one of my articles is there too!
| pmelendez wrote:
| Those are great, thanks for sharing. Also, great website!
| Falkon1313 wrote:
| A couple of economics games I really liked were:
|
| Capitalism Lab, which builds on the original Capitalism and
| Capitalism II by adding several more options (some through mods).
|
| Wall $treet Raider, which you can learn a lot from about various
| big business dealings and economic trends. Different ways to use
| subsidiaries, holding companies, greenmail, liquidation,
| diversification, etc.
|
| https://www.capitalismlab.com/
|
| https://www.wallstreetraider.com/computer-simulation.html
| dclowd9901 wrote:
| Not one mention of how to incorporate socio-behavioral aspects of
| economic theory into the simulation, despite behavioral economic
| theory widely being recognized as the most realistic and true to
| life theoretical basis of economics.
| airza wrote:
| I recommend Sidereal Confluence. That game has taught me more
| about economics than anything else.
| mattchew wrote:
| This game is on my radar, but as I understand it it really
| wants a lot of players at the table and my group is typically
| capped at 4.
|
| Glad to hear it referenced though.
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