A COMMODITY MARKET SIMULATION GAME FOR TEACHING MARKET RISK MANAGEMENT

James N. Trapp

Southern Journal of Agricultural Economics, 1989, vol. 21, issue 01, 9

Abstract: The Market Risk Game is a computerized simulation game available for IBM PC and Apple II microcomputers that is designed to give realistic practice in making decisions in a risky market environment. It illustrates the use of hedging and put options to reduce risk in livestock and grain markets. It is best suited for individuals who have a basic understanding of commodity trading, but who need experience to solidify their knowledge to a functional level. Through the game this is done without facing the risk of an actual investment or requiring the time involved in watching a market over an extended period.

Keywords: Risk; and; Uncertainty (search for similar items in EconPapers)
Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:ags:sojoae:30178

DOI: 10.22004/ag.econ.30178

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