12. Competition & Awards #

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• An effective way to increase fun and performance is through competition. Use Net Profit, Rubric Score, or other metric to rank students. Here is one possible measure:

  • Top 10% earn 10 points
  • Top 25% earn 7 points
  • Top 50% earn 5 points
  • Top 75% earn 3 points
  • All others earn 0 points

• If you choose to award cash, gifts, or other prizes, we recommend that you choose a larger number of winners for small prizes, rather than a few winners of larger prizes. This will motivate a higher number of participants to do well, while also minimizing any perceived unfairness that could arise with a larger prize.

• Prizes should be announced at the beginning of the Simulation Competition, and could be simple inexpensive gifts or even extra marks.

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