MarketTools: An educational commodity marketing game
Agricultural commodity market participants make decisions in a risky and changing environment. Few agricultural producers use the diverse marketing alternatives available to them. Many are unfamiliar with the mechanics of the alternatives and methods for incorporating them into marketing strategies. This article describes MarketTools, an educational software package designed to support real-time, competitive marketing games. MarketTools simplifies record keeping and provides the basis for a structured approach to marketing education. The concluding section summarizes experience in using MarketTools in adult education and classroom settings. © 1995 by John Wiley & Sons, Inc.
Industry note: Market simulation for teaching commodity trading skills
A Grain Market Simulator provided private traders in the Russian grain industry with an opportunity to develop marketing strategies and skills. Players were assigned a role as farmer, country elevator, merchandiser, or miller with appropriate inventories, costs, and capacities. Players were challenged with frequent changes in market information, requiring new strategies for risk management and profit maximization. Lecture|discussion periods were keyed to problems encountered by the market participants as trading became increasingly complex. The record of daily transactions provided information on which to base refinements in the computer program and rules of the game. © 1996 John Wiley & Sons, Inc.
Developmental Spelling: A Word Categorizing Instructional Experiment
AbstractThis experimental study examined the development in spelling stage and correctness of lower primary inner-city school children. Word Attack, a computer spelling game developed for the study, provided the experimental treatment. The game requires players to form categories for words and to place them in groups. The control group played nonlanguage, mathematics computer games. Both groups participated in normal class spelling instruction throughout the experiment. The experimental group showed significant advantages over the controls at the posttest in spelling stage level and correctness on an Inner City Spelling Test. These differences, although evident, were not significant at the delayed posttest 6 months after the treatment. No significant differences were evident on a PEP (Primary Evaluation Program) Spelling Test. Analysis of individual results provides insight into the nature of stage changes in spelling. Implications regarding children's rule-generating capacity and teacher strategies are c...