LE-Prohef simulation of the demand side on the labor market 18042013
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Third pilot with some 50 students participating in simulation of economic processes leading to demand for labor. Experiment with Social VAT.
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LE-Prohef simulation of the demand side on the labor market 18042013
- 2. • Complex role game • Many players interacting Resulting in stereotype processes • Labour market ? • Entrepreneurial behavior? 2
- 3. • Why you as a Stenden student? • Entrepreneurial behavior ↑ • Contribute to economic research (a new activity of Stenden)
- 4. What's new/unique today? 18th April 2013 Very large number of participants: many employees, so a labor market! Test labor market processes: the “Prohef” system Foreign markets! Easier startup domestic Markets Dollar $ and Euro € exchange rate Borrow money, pay 10% interest per period (= 30 minutes) + Collateral needed
- 5. 5
- 6. Outline 10.00 hrs Intro Behavior style tests (R & B) 10.30 hrs - 12.00 hrs LE-Prohef Break 30 minutes (successes?) 12.30 hrs – 13.30 hrs LE-Prohef 13.30- 14.00 hrs End Some tests like R Winner & your certificate > 14.00 hrs Your individual behavior style explained (when asked)
- 7. 7
- 9. Your role: - Supplier - Production organization - Trade organization or - Employee
- 10. Market Market Raw materials Finished products Towers Bricks Complex & simple Supplier(s) Leverancier(s) Towers Trade Handel Leverancier(s) Handel (simple) organizations Towers Bricks (complex) Production Producent(en) Producent(en) organizations Taxes Labour market PROHEF
- 11. Restrictions
- 12. Market finished products Market Supplier Producer Trader Market Buy only from Production organizations Trade organizations 12
- 13. Market Raw materials Market Supplier Producer Trader Market Sell only to Suppliers Prices determined by the market! 13
- 15. Role: Description Products: Trading Raw materials Supplier Produces products Production org. Sells to • Trading organizations • Market (only mono color) Trading finished products Trade org. Sells to Market
- 16. Suppliers Production org. Trade org. Labour market Labour market PROHEF 16
- 17. Market Raw materials Supplier 1 Production Supplier 3 Trading org.2 org.4 Production Trading org.2 Production Supplier 2 org.1 org.3 Trading org.3 Production Trading org. Supplier 4 org.4 Market Finished products
- 18. Network of a Supplier Market Raw materials Supplier 1 Production Supplier 3 Trading org.4 org.2 Production Production org.3 Supplier 2 org.1 Trading org.2 Trading org.1 Production Trading org.3 org.4 Supplier 4 Market Finished products
- 19. Market Raw Network of a producer materials Supplier 1 Production org.2 Supplier 3 Trading org.4 Production Production org.1 org.3 Supplier 2 Handels- Trading org. Bedrijf 2 Handels- Production Trading org. Bedrijf 1 Trading org. org.4 Supplier 4 Market Finished products
- 20. Market Raw Network of a trader materials Production Supplier 3 Trading org.4 Supplier 1 org.2 Production Production org.1 org.3 Supplier 2 Trading org.2 Production Trading org.1 org.4 Trading org.3 Supplier 4 Market Finished products
- 21. Forms: VAT value added tax (=20%)!! 21
- 22. TAXES : Value Added Tax !! 20% Inclusive VAT 20% VAT Revenues € € Received VAT Inclusive VAT 20% -/- VAT Cost € € Paid VAT VAT to pay to the € government 22
- 23. The game starts : Trade organizations and/or Production organizations take/select their orders at the Market(s)
- 24. Go!