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Product Overview

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, 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. Learning Objective: The Fishbanks simulation provides participants with the opportunity to learn about the challenges of managing resources sustainably in a common pool resource setting, with realistic resource dynamics. Could be taught in following course(s): Economics, strategy, negotiations, sustainability, environmental studies, public policy, resource economics; also leadership and team-building and any course in which the dynamics of cooperation and competition, resource management, and negotiation are relevant.