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  • 2024
  • Other Teaching and Training Material

Earth

By: Barry Nalebuff and Max Bazerman
  • Format:Multimedia
  • | Language:English
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Abstract

Earth was created to provide participants with the opportunity to negotiate a solution to the most important environmental challenge that faces humanity — climate change. Just as finding solutions to climate change is challenging, students will be challenged to find a solution here as well. Learning values include a better appreciation of the real challenges in bringing diverse parties together to respond to the threat of climate change, as well as learning about resolving social dilemmas, how asymmetry of interests and outcomes across parties leads to different interpretations of what is fair, the value of framing the negotiation using appropriate metrics, and how to apply basic game theoretic principles to this complex real-world context. Please note: Earth includes an online link for students to upload results; the website produces tables and charts that can be used by the instructor in the debrief. Instructors may choose to use the Outcomes spreadsheet, included in the Instructor Packet, instead of the website.

Keywords

Climate Change; Outcome or Result; Negotiation; Game Theory

Citation

Nalebuff, Barry, and Max Bazerman. "Earth." Kellogg School of Management at Northwestern University, Dispute Resolution Research Center, 2024. Multimedia. (Simulation.)
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About The Author

Max H. Bazerman

Negotiation, Organizations & Markets
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