FactOrEasy(R): Do Students Take a Risk?

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F17%3AN0000073" target="_blank" >RIV/60460709:41110/17:N0000073 - isvavai.cz</a>

Výsledek na webu

<a href="http://erie.pef.czu.cz/Documents/ERIE2017.pdf" target="_blank" >http://erie.pef.czu.cz/Documents/ERIE2017.pdf</a>

DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

FactOrEasy(R): Do Students Take a Risk?

Popis výsledku v původním jazyce

In the article, we focus on students risk level in making decisions in strategic management. To compare, in which strategy students show higher risk, we use a repeated experiment. As the experiment environment, we use business simulation FactOrEasy(R), which is the online dynamic deterministic simulation of decision-making in financial, operation, or strategic management using artificial intelligence to compete against human player. We use exports from the best games of 37 students (1st year of masters studies). To define risk, we identified decision-making spots in the game, clustered them logically, and used following groups to identify level of risk undertaken by students in the simulation: strategy behaviour, buying behaviour, selling behaviour, result behaviour, and profitability behaviour.

Název v anglickém jazyce

FactOrEasy(R): Do Students Take a Risk?

Popis výsledku anglicky

In the article, we focus on students risk level in making decisions in strategic management. To compare, in which strategy students show higher risk, we use a repeated experiment. As the experiment environment, we use business simulation FactOrEasy(R), which is the online dynamic deterministic simulation of decision-making in financial, operation, or strategic management using artificial intelligence to compete against human player. We use exports from the best games of 37 students (1st year of masters studies). To define risk, we identified decision-making spots in the game, clustered them logically, and used following groups to identify level of risk undertaken by students in the simulation: strategy behaviour, buying behaviour, selling behaviour, result behaviour, and profitability behaviour.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50301 - Education, general; including training, pedagogy, didactics [and education systems]

Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2017

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Proceedings of the 14th International Conference Efficiency and Responsibility in Education 2017

ISBN

978-80-213-2762-7

ISSN

2336-744X

e-ISSN

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Počet stran výsledku

9

Strana od-do

451-459

Název nakladatele

Czech University of Life Sciences Prague

Místo vydání

Prague, Czech Republic

Místo konání akce

Prague

Datum konání akce

8. 6. 2017

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000409038600055