Tuesday, August 10, 2010

The Oil Game

Hi Guys,

For those of you who want a better overview of what the oil game is all about in Week 3, head on over to the OPEC Website:

http://www.opec.org/opec_web/en/about_us/25.htm

The link above will show you the countries involved.

Although the exercise in Week 3 is a simple one, designed to show you the complexities of decision making, it is worth noting that decisions can have real consequences.

For example, if you ever get a chance to watch the mini series, House of Saddam,

http://www.hbo.com/movies/house-of-saddam/index.html

you will see one of the possible outcomes of playing the oil game. There is a part in the film, where as a result of one country producing more oil that what they promised, another country invades them, leading into war.

Real decisions have real consequences.
Enjoy the tutorial,
Reza