Classroom Games and Data
Create engaging classroom experiences with Summatic's experiments. Students get first-hand experience by playing interactive games with each other. Statistical and econometric analysis is brought closer to home using real classroom data. Results, charts, and regression analysis are shown in real time for instructors to discuss.
Microeconomics
A Cournot competition game. Participants have the CEO role and are given a profit calculator based on own quantity and total quantity of others. They must assess the likely choices of other firms and make a decision.
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In this double auction classroom game, participants are divided into buyers and sellers. Each buyer/seller can buy/sell up to 1 unit of a good, and has a value/cost for receiving/providing the good. Participants make bids and asks over time, and in the analysis graphs, supply and demand are plotted, as is the history of matches.
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An Nth price auction with independent private values.
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An All-Pay auction with independent private values.
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In this experiment, participants will choose a strategy for an all-pay auction with a group size of 2. The average performance of each strategy will be shown, assuming that it is matched against a strategy of another randomly chosen participant.
Try ItEconometrics: Classroom Data
In this experiment, participants are shown a price for a concert, and indicate whether they would purchase a ticket. Logit and Probit results are shown.
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We are adding new experiments all the time, and here are some upcoming ones. Please also suggest your own: we can usually have one ready for you in 24hrs!
Game Theory: Arbitrary 2x2 Games | Beauty Contest Game | Centipede Game | Public Goods Game | Ultimatum Game | Risk Preferences | Time Preferences
Business: Willingness to Pay and Profit Functions
Data and Econometrics: Simple Regression | Multiple Regression