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Dissertation/Thesis Abstract

A Research Based General Framework for Effective Simulation Development and Methodology to Validate Economic Fidelity
by Miller, Craig, D.B.A., Metropolitan State University, 2013, 146; 3668376
Abstract (Summary)

The three primary objectives of this project were: (1) to identify and codify a framework for best practices in developing a simulation; (2) to construct a prototype or test simulation based on these best practices, and (3) to create a methodology to assess pedagogical efficacy and economic fidelity.

While the current body of knowledge is rich in describing the virtues and pitfalls of computer simulation technology that has existed for close to 60 years, the literature nonetheless lacks a codified set of best practices for developers and objective assessment methods to judge a simulation quality for both the pedagogical effectiveness and economic fidelity. This study addresses both issues and offers a solution that is unique and effective. A General Framework for Effective Simulation Development that is derivative, and an extension of existing research in the business simulation domain. A simulation prototype, SimWrite!, has been developed that is consistent with the 12 elements identified in this framework. Each stage of the development of this test simulation is explicitly tied to the best practices that emerged from the literature. A second assessment tool, The Economic Theory Input-Output Matrix, is presented to enable a user to measure the economic fidelity of a simulation. This tool is based on microeconomic theory that is taught at business schools throughout the globe. Both assessment tools will be applied to the test simulation in a manner that will enable the user to replicate this research with other simulations they are interested in. The products of this dissertation are intended to aid current and future developers make better simulations and faculty users of simulations to better select simulations that will help them to achieve the goal of all involved in teaching business: To produce greater learning for students.

Indexing (document details)
Advisor: Nentl, Nancy J.
Commitee: Dixon, Pamela, Paravastu, Narasimha
School: Metropolitan State University
Department: College of Management
School Location: United States -- Minnesota
Source: DAI-A 76/05(E), Dissertation Abstracts International
Subjects: Management, Business education, Educational technology
Keywords: Best practices simulation development, Computer business simulation, Financial and economic modeling, Simulation fidelity, Teaching technology
Publication Number: 3668376
ISBN: 978-1-321-43410-1
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