a competition game

The industrial organization game.

Online Classroom Games for Teaching Economics.

Free, Ready to play, Nothing to install, No need to register!

Economics-games.com is a free educational games site for teaching microeconomics, industrial organization and game theory.

Choose the game you want to run, enter the number of players and that's it: You just have to communicate their logins to your students and have them connect to the site with their phones, tablets or laptops. You can then observe and debrief the game through your interface.

New! A trading pit market experiment a la Vernon Smith ("industrial organization" section, instructions by Antonio Cabrales for the coreecon textbook).
New! "Contracting under Incomplete Information and Social Preferences" by Eva Hoppe and Patrick Schmitz ("information asymmetry" section. The article is on the site of the Review of Economic Studies).

One of the games.

The impact of fixed costs and production capacities on prices and profit.

The first game has players compete in 5 separate markets for differentiated goods, with identical demands. In each market, marginal costs are the same (constant and low). By cons, from a market to another, fixed costs (avoidable or not) and the production capacities vary greatly.

In each market, players must choose their price. The game is repeated in order to converge to an equilibrium. After a few iterations:

  • Unavoidable fixed costs have a limited impact on prices.
  • Prices and profits are very low when production capacities are very high.
  • Prices and profits can be much higher when production capacities are quite low.

47 games and simulations.

You can find on the site a few variants of the previous competition game:

  • One with homogeneous goods.
  • Another one comparing competition intensity based on the number of competitors.
  • In a monopoly situation.
  • With quantity precommitment and environmental policies.

but also:

  • A game adapted from our air transport economics simulation, in which players put into practice the principles of price discrimination, vertical differentiation and peak-load pricing (pedagogical sequence).
  • 2 simulations about monopoly pricing and perfect competition.
  • A public good financing game.
  • A common-pool resources game
  • A prisoner's dilemma.
  • ...

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