The SEED Center

Fishbanks: A Renewable Resource Management Simulation

Resource: Fishbanks: A Renewable Resource Management Simulation

Fishbanks is a multiplayer web-based simulation in which participants play the role of fishers and seek to maximize their net worth as they compete against other players and deal with variations in fish stocks and their catch. Policy options available to instructors include auctions of new boats, permits, and quotas. This simulation provides the opportunity for students to learn about the challenges of managing resources sustainably in a common pool resource setting, with realistic resource dynamics.

Source:
MIT Sloan School of Management

Sectors:
Sustainability Education

Topics:
Curricular Materials,