The Management Game SINTO-Market — Report on Some Recent Experiments

Abstract

The management game SINTO-Market which was originally developed and programmed by Otwin Beckerand Reinhard Selten was recently performed at the University of Kalmar/Sweden and University of Graz/Austria several times. The decisions were made by groups of students, each group representing one of the three firms. The electronic management game SINTO-Market puts the players in a competitive situation in the branded food product sector. We will give a short description of the structure of the game. The game runs via internet and can be seen at the web-page of our department. It is interesting to see that much can be learned about human behavior in complex economic decision situations from experimental research with management games. Surprisingly the results show some differences between genders