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Publication

Publikation

Conference
Type of Publication
Participatory Simulation of a Stock Exchange
Title
Till Aldinger
Authors
World Conference on Educational Multimedia, Hypermedia and Telecommunications (EdMedia), pp. 1-8, Montréal, Canada, September 2005
Published in
In this paper, we present a participatory simulation of a stock exchange. It was designed for master's students in business administration to improve their understanding of finance theory and especially of the pricing of stocks and bonds. Users taking part in the computer-based simulation become private investors who are able to buy and sell stocks, bonds or stock options. The simulation facilitates the understanding of the complex system of a stock market and increases the motivation and learning intensity of students. The stock exchange simulation is based on the WIL-MA architecture (Wireless Interactive Learning at the University of Mannheim) that was developed at our institute to support interactive lectures with mobile devices. It provides a basic client/server functionality as well as an administrator tool. This technology has so far been used to support interactivity in university lectures by providing different services like hand-raising, feedback or quiz sessions. We have extended the WIL-MA technology to support participatory simulations in general and implemented the stock exchange scenario as a first comprehensive example.
Abstract
participatory simulation
interactive learning
new learning technologies
Keywords
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