Submitted by kvogtwp on December 5, 2007

• Category: Business
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The following essay is a recap of the Game Theory class experiment. I will touch on my overall opinion of the game, what came about that was unexpected, what happened that our group anticipated and finally what was critical to the final results of the game.
This experiment is a simple representation of how trading among many economies comes about and puts microeconomics and macroeconomics in perspective. From a microeconomic perspective, each group had to face the scarcity of resources to build a settlement, city and metropolis, make a choice of whether to trade for other resources or stand pat in order to advance its own...

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