Activity 01
Simulation Game: Building Network Effects
Provide groups with cards representing users and platforms. Students add users to competing 'apps,' calculating value multipliers based on simple formulas. Discuss how early leads create dominance. Conclude with a class chart comparing outcomes.
Analyze the economic implications of network effects in digital platforms.
Facilitation TipDuring the Simulation: Building Network Effects activity, circulate to ask groups probing questions about why their user base grew faster in one round than another.
What to look forPose the question: 'Imagine you are launching a new social media app. How would you overcome the network effects that favor established platforms like Facebook or Instagram? What specific strategies would you employ?' Facilitate a class discussion where students share and debate their ideas.