Fishbanks: A Renewable Resource Management Simulation by MIT

This simulation is free.

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.

You will have direct access to it courtesy of the MIT Management Sloan School website / Teaching Resources Library, under their licensing agreement.

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. Participants buy, sell, and build ships; decide where to fish; and negotiate with one another. Policy options available to instructors include auctions of new boats, permits, and quotas.

What you'll learn

Learn about the challenges of managing resources sustainably in a common pool resource setting, with realistic resource dynamics.

Requirements

An understanding of general concepts related to business and management, obtained either by a degree or practical experience is recommended.

Who this simulation is for
  • Graduates or anyone willing to leverage the knowledge about the sustainable exploitation of natural resources

This simulation is free. You will have direct access to it and respective resources, as well as all the materials publicly available on the MIT Management Sloan School website / Teaching Resources Library, under their licensing agreement.

To access the simulation on MIT's website here