Skip Ribbon Commands
Skip to main content
Sign In
MIT Sloan > LearningEdge > Simulations > Salt Seller: A Commodity Pricing Simulation
Ventures in Salt
Developer
Abstract
In this live web-based simulation, participants playing the role of salt producers seek to maximize their profits as they compete against one another in pricing salt. This game simulates the salt industry as it is described in the “Ventures in Salt: Compass Minerals International” case study.
Learning Objective
To allow students to experience interactively the challenges of pricing in a commodity market with variable demand.
Could be taught in the following course(s)
strategy, economics, and any course where the dynamics of strategic pricing behavior are relevant