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  • All HBS Web  (700)
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  • December 2002
  • Background Note

Simulation of Prices, Rates and Cash Flows (B)

Considers more advanced issues required for complete cash flow simulation, including residual diagnostics (to determine whether a process has been identified correctly), simulation of nonmarket risk variables, and real options. View Details
Keywords: Price; Cash Flow
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Shimko, David C. "Simulation of Prices, Rates and Cash Flows (B)." Harvard Business School Background Note 203-057, December 2002.
  • June 2023
  • Supplement

Clash of Two Giants Simulation Exercise

By: Feng Zhu and Marco Iansiti
Many markets are organized around platforms that connect consumers with complementary applications and services. These platforms are two-sided because both sides - consumers and those providing applications or services - need access to the same platform to interact. A... View Details
Keywords: Customer Acquisition; Platform Strategy; Technology Platform; Digital Platforms; Competitive Strategy; Network Effects
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Zhu, Feng, and Marco Iansiti. "Clash of Two Giants Simulation Exercise." Harvard Business School PowerPoint Supplement 623-717, June 2023.
  • August 2002 (Revised August 2004)
  • Teaching Note

Crimson Greetings Simulation (TN)

By: Henry B. Reiling, M. Diane Burton and Sandra J. Sucher
Teaching Note for the Crimson Greetings Simulation. (Not in the system.) A rewritten version of an earlier teaching note. View Details
Keywords: Information Technology; Operations; Management
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Reiling, Henry B., M. Diane Burton, and Sandra J. Sucher. "Crimson Greetings Simulation (TN)." Harvard Business School Teaching Note 603-051, August 2002. (Revised August 2004.)
  • November 15, 2022
  • Article

Using Simulations to Upskill Employees

By: Frank V. Cespedes, Trond Aas, Alex Hunt and Huw Newton-Hill
Reskilling employees tops the agenda in many organizations, according to a LinkedIn report. Korn Ferry estimates an 85-million person talent shortage by 2030, and McKinsey likens the challenge to the shift from agricultural to manufacturing work that occurred in the... View Details
Keywords: Employee Engagement; Managing People; Talent Development; Training; Human Capital; Experience and Expertise; Talent and Talent Management; Retention; Personal Development and Career
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Cespedes, Frank V., Trond Aas, Alex Hunt, and Huw Newton-Hill. "Using Simulations to Upskill Employees." Harvard Business Review (website) (November 15, 2022).
  • 1995
  • Simulation

SHARC Simulation and Teaching Note

By: K. Wade-Benzoni, A. Tenbrunsel and M. Bazerman
Keywords: Conflict and Resolution
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Wade-Benzoni, K., A. Tenbrunsel, and M. Bazerman. "SHARC Simulation and Teaching Note." Simulation and Teaching Note. 1995. (Dispute Resolution and Research Center, Northwestern University.)
  • September 1993 (Revised August 2011)
  • Exercise

ExtendSim® Simulation Exercises in Process Analysis (B)

By: Roy D. Shapiro
Second set of exercises meant to be used with ExtendSim, a simulation package created by Imagine That, Inc. of San Jose, California, that allows students to investigate the impact of adding buffers to simple in-line processes with uncertain processing times. View Details
Keywords: Measurement and Metrics; Operations; Production; Mathematical Methods
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Shapiro, Roy D. "ExtendSim® Simulation Exercises in Process Analysis (B)." Harvard Business School Exercise 694-040, September 1993. (Revised August 2011.)
  • September 1993 (Revised August 2011)
  • Exercise

ExtendSim® Simulation Exercises in Process Analysis (A)

By: Roy D. Shapiro
First set of exercises meant to be used with ExtendSim, a simulation system created by Imagine That, Inc. of San Jose, California. These exercises allow students to investigate the impact of variable processing times on the performance of simple in-line processes.... View Details
Keywords: Operations; Business Processes; Performance; Mathematical Methods
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Shapiro, Roy D. "ExtendSim® Simulation Exercises in Process Analysis (A)." Harvard Business School Exercise 694-039, September 1993. (Revised August 2011.)
  • May 2025
  • Article

Imagining the Future: Memory, Simulation and Beliefs

By: Pedro Bordalo, Giovanni Burro, Katherine B. Coffman, Nicola Gennaioli and Andrei Shleifer
How do people form beliefs about novel risks, with which they have little or no experience? Motivated by survey data on beliefs about Covid we collected in 2020, we build a model based on the psychology of selective memory. When a person thinks about an event,... View Details
Keywords: Expectations; Memory; COVID-19 Pandemic; Risk and Uncertainty; Cognition and Thinking
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Bordalo, Pedro, Giovanni Burro, Katherine B. Coffman, Nicola Gennaioli, and Andrei Shleifer. "Imagining the Future: Memory, Simulation and Beliefs." Review of Economic Studies 92, no. 3 (May 2025): 1532–1563.
  • 1995
  • Simulation

Moms.com Simulation and Teaching Note

By: A. Tenbrunsel and M. Bazerman
Keywords: Conflict and Resolution
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Tenbrunsel, A., and M. Bazerman. "Moms.com Simulation and Teaching Note." Simulation and Teaching Note. 1995. (Dispute Resolution and Research Center, Northwestern University.)
  • September 1993 (Revised August 2011)
  • Supplement

ExtendSim® Simulation Exercises in Process Analysis, User's Guide

By: Roy D. Shapiro and Ann E. Gray
Designed to be used with ExtendSim Simulation Exercises in Process Analysis (A) and (B). Unadvertised per Case Records. View Details
Keywords: Management Practices and Processes
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Shapiro, Roy D., and Ann E. Gray. "ExtendSim® Simulation Exercises in Process Analysis, User's Guide." Harvard Business School Supplement 694-043, September 1993. (Revised August 2011.)
  • October 2000 (Revised December 2000)
  • Exercise

Participant and Leader Behavior: Group Decision Simulation (D)

This series provides the instructions for a group decision-making simulation in which students experience four different methods for leading a group decision process. In the simulation, all students work in groups, with one person designated as the team leader. All... View Details
Keywords: Groups and Teams; Decision Making
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"Participant and Leader Behavior: Group Decision Simulation (D)." Harvard Business School Exercise 301-029, October 2000. (Revised December 2000.)
  • October 2000 (Revised December 2000)
  • Exercise

Participant and Leader Behavior: Group Decision Simulation (F)

This series provides the instructions for a group decision-making simulation in which students experience four different methods for leading a group decision process. In the simulation, all students work in groups, with one person designated as the team leader. All... View Details
Keywords: Groups and Teams; Decision Making
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"Participant and Leader Behavior: Group Decision Simulation (F)." Harvard Business School Exercise 301-049, October 2000. (Revised December 2000.)
  • January 1997
  • Background Note

Simulation as a Decision Aid

By: Roy D. Shapiro
A brief introduction to simulation--what it is, why it's used, etc. Meant to set context for a first class on simulation. A rewritten version of an earlier note. View Details
Keywords: Mathematical Methods; Decision Making
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Shapiro, Roy D. "Simulation as a Decision Aid." Harvard Business School Background Note 697-062, January 1997.
  • 1988
  • Simulation

El-Tek Simulation and Teaching Note

By: M. Bazerman and J. Brett
Keywords: Conflict and Resolution
Citation
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Bazerman, M., and J. Brett. "El-Tek Simulation and Teaching Note." Simulation and Teaching Note. 1988. (Dispute Resolution and Research Center, Northwestern University.)
  • 15 Nov 2022
  • News

Using Simulations to Upskill Employees

  • December 2002
  • Background Note

Simulation of Prices, Rates and Cash Flows (A)

Explicitly considers the most common propagation models for financial variables and explains how to determine the statistical properties of these variables and simulate their future values. Covers arithmetic Brownian motion, geometric Brownian motion, mean-reversion,... View Details
Keywords: Price; Cash Flow
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Shimko, David C. "Simulation of Prices, Rates and Cash Flows (A)." Harvard Business School Background Note 203-056, December 2002.
  • 23 Oct 2019
  • News

Hands-on Simulations Complement the Case Method

Don’t let the fact that first-year MBA students immerse themselves in the beer industry fool you—they are learning about product development by participating in an online simulation. In fact, the use and complexity of simulations in the... View Details
Keywords: Educational Innovation
  • September 1994 (Revised August 2003)
  • Exercise

EXTEND Simulation Exercises in Process Analysis (C), Exercise Three

By: Roy D. Shapiro
Third set of exercises meant to be used with EXTEND, a simulation system created by Imagine That, Inc. of San Jose, California. These exercises allow students to investigate the impact of variable processing times on the performance of simple in-line processes.... View Details
Keywords: Business Processes
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Shapiro, Roy D. "EXTEND Simulation Exercises in Process Analysis (C), Exercise Three." Harvard Business School Exercise 695-021, September 1994. (Revised August 2003.)
  • June 2023
  • Exercise

Clash of Two Giants Simulation Exercise Instructions

By: Feng Zhu and Marco Iansiti
Many markets are organized around platforms that connect consumers with complimentary applications and services. These platforms are two-sided because both sides - consumers and those providing applications or services - need access to the same platform to interact. A... View Details
Keywords: Platform Strategies; Technology Platform; Customer Acquisition; Network Effects; Digital Platforms; Marketplace Matching; Strategy
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Zhu, Feng, and Marco Iansiti. "Clash of Two Giants Simulation Exercise Instructions." Harvard Business School Exercise 623-092, June 2023.
  • March 2023
  • Technical Note

Companion to: Demand Simulator Spreadsheet Supplement

By: Elie Ofek and Olivier Toubia
Citation
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Ofek, Elie, and Olivier Toubia. "Companion to: Demand Simulator Spreadsheet Supplement." Harvard Business School Technical Note 523-096, March 2023.
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