Mechanism Design 101: Designing the Rules
Three real allocation problems land on your policy-lab desk — schools, kidneys, refugees.
About this simulation
UK A-Level arcade simulation in which the player acts as a pricing consultant for three different clients (a cinema chain, an insulin supplier, and a bubble tea kiosk) to discover — in the wrist, before the formula is shown — that revenue effects of a price move depend on price elasticity of demand. Ends with a boss round on a mixed portfolio.
Who it is for
An introductory simulation that assumes no prior knowledge of the subject, designed for undergraduate courses. It also works in vocational and high-school programmes and in onboarding sessions.
How a session runs
- The instructor creates a session from the Eureka dashboard and invites the participants.
- Participants play 4 rounds. In each one they submit their decisions and the simulation calculates the results.
- The simulation can be run in English, Español.
- The instructor follows each participant's progress and results from the dashboard, and uses the class results for the debrief.