Anúncios

Project Presentation

11 dezembro 2017, 22:56 • Joana Mendonça

For the project presentation each group will have between 5-10 minutes to present their project. 

Each group should have a maximum of 10 slides.
Your presentation should include:
1. Presentation of your overall strategy;
2. How you defined your bids and how they fit your strategy;
3. How you dealt with changes in the economy (if any);
4. Overall lessons learned.
You may include additional points, if you believe they value your presentation.
In addition:
- Please do not use any font smaller than 20.
- You may choose 1 element of your group to present. I assume all elements have worked in the project, unless I have information saying otherwise.
- If your calculus are somewhat different than mine, don't worry.

Mistery Auction for turn 8

26 novembro 2017, 22:22 • Joana Mendonça

This turn we finally reveal the mystery auction! In the mystery auction you will bid in a risky asset with uncertain return. The asset will yield its return next turn. The return of the asset is defined as follows: - with a 50% chance, you will receive 50% of your balance, or; - with a 50% chance, you will lose 30% of your balance.
If you currently have a negative balance, the return of the asset is defined as follows: - with a 50% chance, your debt is reduced by 30%, or; - with a 50% chance, your debt increases by 15%.
The outcome of the mystery auction will be determined by a coin toss. Heads gets you the first outcome, tails gets you the second outcome.


(given my delay, you have until Wednesday 29th to send me your bid)

2 test and project presentation and delivery

23 novembro 2017, 14:22 • Joana Mendonça

Our 2nd test will take place on December 13th at 11.30, as planned.
The projects will be presented on the same day, December 13th at 14h00.
The deadline to deliver the project was extended until December 18th.

Turn 6

11 novembro 2017, 01:04 • Joana Mendonça

Dear all, this turn has not auctions.However, due to environmental restrictions, a new tax has appeared on the production of iron and wood.This tax applies a 10%/unit rate on the price of the first 150 units and 20% for the second 150 units.

Turn 5

11 novembro 2017, 01:01 • Joana Mendonça

Dear all, I have just published the results for turn 5.