The market is seen as dominating other potential influences such as individuals, groups, or organizations. Theorizing is done at the market level using mathematics. It makes few observations or predictions about the behavior of markets. Few classes address both paradigms, much less offer an approach to integrating them. This simulation provides a basis for doing that.
All traders can buy and sell.
The simulation to be presented is a simplified stock market with one type of stock and a known distribution of dividends. Up to 16 traders buy and sell shares of a single stock and collect randomly determined dividends over 10 periods. In class, the auction set up consumes about one half hour. The actual auction takes about an hour. Debriefing consumes about 30 minutes of time.