Salt Seller - Realization of a Business Game

Felix Kiechle, Corinna Uhr, Mario Schlereth, Yao Zhang, Leon O. Burkard, Andreas C. Sonnenbichler, Andreas Geyer-Schulz

2015

Abstract

This paper describes the realization and implementation of a business game named Salt Seller. Salt Seller was first described by John Sterman in 2014 and implemented for the MIT Sloan School of Management. However, Sterman only provided a high-level description of Salt Seller and no low-level details about the realization or the market model were revealed. Our first aim is to fill this gap. As our second contribution introduces a generalized n-person framework for round-based games which serves as an abstract game architecture and encapsulates the round synchronization mechanisms. Utilizing this framework we provide a detailed view on a possible model of the market mechanisms for Salt Seller. We describe all the market functions which are needed to calculate the game outputs in each period. Our work aims to improve decision making in management and to support teaching. To support this third goal we implemented the game using modern web technologies allowing us to use the game in students’ lessons at the KIT. All input and output parameters of every round are stored in a database for later analysis of the players’ behaviour. Generally, our implementation demonstrates how general round-based multi-player games can be realized in a browser, our architecture supports various other 2-player round-based games.

Paper Citation

in Harvard Style

Kiechle F., Uhr C., Schlereth M., Zhang Y., O. Burkard L., C. Sonnenbichler A. and Geyer-Schulz A. (2015). Salt Seller - Realization of a Business Game . In Proceedings of the 12th International Conference on e-Business - Volume 1: ICE-B, (ICETE 2015) ISBN 978-989-758-113-7, pages 127-135. DOI: 10.5220/0005503501270135

in Bibtex Style

@conference{ice-b15,
author={Felix Kiechle and Corinna Uhr and Mario Schlereth and Yao Zhang and Leon O. Burkard and Andreas C. Sonnenbichler and Andreas Geyer-Schulz},
title={Salt Seller - Realization of a Business Game},
booktitle={Proceedings of the 12th International Conference on e-Business - Volume 1: ICE-B, (ICETE 2015)},
year={2015},
pages={127-135},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0005503501270135},
isbn={978-989-758-113-7},
}

in EndNote Style

TY - CONF
JO - Proceedings of the 12th International Conference on e-Business - Volume 1: ICE-B, (ICETE 2015)
TI - Salt Seller - Realization of a Business Game
SN - 978-989-758-113-7
AU - Kiechle F.
AU - Uhr C.
AU - Schlereth M.
AU - Zhang Y.
AU - O. Burkard L.
AU - C. Sonnenbichler A.
AU - Geyer-Schulz A.
PY - 2015
SP - 127
EP - 135
DO - 10.5220/0005503501270135