 A Mathematical Law for Assessing Outcome Values of GamesJohn R. Dickinson Simulation & Gaming, 2014, vol. 45, issue 3, 318-331 Abstract: Background The predominate outcomes of many computerized simulation games , particularly business games , are numeric values, for example, financial statements, as determined by the game algorithm . Numerous types of algorithms have been put forth. Attending these algorithms are issues of their validity; numerous approaches to validation also having been put forth. Aim This research presents a type of digital analysis , Benford’s Law , as a basis for assessing the validity of simulation game numeric outcome values , that is, algorithmic validity . Method To illustrate the application of Benford’s Law, it was applied to income statement items from a business game competition. The first digits and second digits , respectively, of numeric outcome values were analyzed. Results Both the first digits and the second digits conform closely to Benford’s Law . Less conforming outcomes were those of assigned values to which Benford’s Law does not apply. Conclusion Benford’s Law is conceptually and practically appropriate for assessing simulation game numeric outcome values . An example of its application demonstrates this appropriateness. Keywords: algorithmic validity; Benford’s Law; business games; computerized simulation games; digital analysis; game assessment; numeric outcome values; validation (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:sae:simgam:v:45:y:2014:i:3:p:318-331 Access Statistics for this article More articles in Simulation & Gaming |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.