Stock Market Simulation
Ivo Wenzler and
Marijo Polic
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Ivo Wenzler: Multilogue International, Inc.
Marijo Polic: Institute for Development and International Relations
A chapter in Global Interdependence, 1992, pp 300-306 from Springer
Abstract:
Abstract Eastern European countries are undergoing a transition from centrally controlled societies to market-oriented democracies. The securities exchange and how it functions much be understood as part of this transition. The STOCK MARKET SIMULATION (SMS) is an attempt to help this process. Participants in the simulation take roles of investors (shareholders), house brokers, and floor brokers. They engage in different activities, and receive, process, and send different types of information, all with the purpose of fulfilling their tasks and achieving their investment objectives. Through its extensive application, the SMS has proved to be a powerful tool to help participants understand the basic principles of a stock market and its functions.
Keywords: Eastern Europe; experiential learning; gaming/simulation; market economy; stock market (search for similar items in EconPapers)
Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-4-431-68189-2_37
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DOI: 10.1007/978-4-431-68189-2_37
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