The Supply Stretch: Price Elasticity of Supply
Manage production across four industries — oil, strawberries, digital music, and custom furniture — and learn how Price Elasticity of Supply (PES)…
Advise the Costaria Ministry of Health on three connected economic decisions — Grossman demand for health, insurance-pool architecture (M1–M6 levers), and provider payment mix (FFS/capitation/P4P/bundled) — and discover that no national health system gets all three right at once.
Advise the Costaria Ministry of Health on three connected economic decisions — Grossman demand for health, insurance-pool architecture (M1–M6 levers), and provider payment mix (FFS/capitation/P4P/bundled) — and discover that no national health system gets all three right at once. Anchored on Arrow (1963), RAND HIE, Einav-Finkelstein, and the iron triangle of cost / quality / access.
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.
The decisions participants make during the simulation:
What participants follow on screen as the rounds go by:
Designed for courses in Microeconomics.
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