OPEQ challenges students to manage the tension between cooperation and competition in a dynamic market
The exercise highlights the role of accountability, comparisons, and communication in promoting (and inhibiting) trust and cooperation. Through the exercise, participants make a series of decisions and have the opportunity to send messages.
The interface provides real-time graphs and tables that include message displays. The exercise is both ready to use and easy to tailor to focus on specific lessons (e.g., negotiation or economic principles).
Company: Wharton Interactive
Approximate price: Unknown
Playtime: 60-90 minutes
Learning objectives: Gives students critical insight into the mechanics of cooperation Demonstrates how trust promotes cooperation Can be used to teach game theory
Link to simulation home page: https://interactive.wharton.upenn.edu/experiences/opeq-negotiations-simulation/