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ERIC Number: EJ836131
Record Type: Journal
Publication Date: 2009
Pages: 12
Abstractor: As Provided
Reference Count: 5
ISBN: N/A
ISSN: ISSN-0022-0485
A Sports Franchise Simulation Game
Surdam, David G.
Journal of Economic Education, v40 n2 p138-149 Spr 2009
Students in sports economics courses might better learn the basic concepts by running their own franchise. A simple game, based on the card game War, is easy and inexpensive to implement. Students quickly grasp the importance of weighing marginal benefits, both in terms of team record and marginal revenue, against the costs of improving their team. In addition, students learn that even the best-laid plans can, under some circumstances, result in disappointment. Extensions of the basic game help teach students the dynamics of revenue sharing, television contracts, salary caps, and other concepts. (Contains 3 tables and 1 note.)
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Publication Type: Journal Articles; Reports - Descriptive
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A