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ERIC Number: ED033320
Record Type: RIE
Publication Date: 1967
Pages: 202
Abstractor: N/A
Reference Count: N/A
An Approach to More Effective Training for Executive Careers.
Massey, James Orr
An assessment was made of the usefulness of more realistic simulation models in the academic study of business, and of resources needed to develop and use such models. A review of the literature showed significant differences in structure and the role of the "player" (student) as regards game theory, which deals with analysis and selection of available strategies in competitive situations with rationality of behavior assumed; management games, with their deterministic structures in which interactions between decisions and environment are specified by referees; and true simulation, marked by indeterminacy in the relation of student to model and in input output variables. True simulation has usually proved too costly, but management games presently in use can be modified into simulations for graduate schools of business. In an experiment to test this approach, comparison of student reaction to the original and to the modification indicated improved realism and greater student appreciation of factors in decision making. (author/ly)
University Microfilms, 300 N. Zeeb Rd., Ann Arbor, Michigan, 48106 (Order No. 68-1688, MF $3.00, Xerography $9.25)
Publication Type: N/A
Education Level: N/A
Audience: N/A
Language: N/A
Sponsor: N/A
Authoring Institution: University of Southern California, Los Angeles.
Note: D.B.A. Thesis.