Economics · Microeconomics

LemonMarket: Information Economics

Interactive simulation where learners act as market regulators designing interventions to combat adverse selection in a used car market with asymmetric information, exploring signaling, screening, and mandatory disclosure mechanisms

10 rounds Executive English, Español
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Who it is for

An advanced simulation for participants used to working with the main frameworks and trade-offs of the subject, designed for executive education and experienced professionals.

How a session runs

  1. The instructor creates a session from the Eureka dashboard and invites the participants.
  2. Participants play 10 rounds. In each one they submit their decisions and the simulation calculates the results.
  3. The simulation can be run in English, Español.
  4. The instructor follows each participant's progress and results from the dashboard, and uses the class results for the debrief.

Decisions participants make

The decisions participants make during the simulation:

  • Intervention Mechanism
  • Subsidy Level (%)

What participants track

What participants follow on screen as the rounds go by:

  • Your Regulatory Decisions
  • Welfare Over Time
  • Trade Volume and Quality

Subjects covered

Designed for courses in Microeconomics.

  • Information Economics (Asymmetric Information)

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