For anyone who want to learn about the stock market,
Hollywood Stock Exchange (HSX.com) encourages users to play and learn how to trade stocks, take risks, and hedge losses in a fun, real-world environment.
The site is free to play: sign up and automatically receive $2 million dollars to buy stocks (movies) and bonds (actors). Users may choose to buy some IPO, take an adviser's suggestion, or select based on past performance. The site instills practical learning of the actual stock market; the glossary and discussion board assist the novices, while the charted data offer the pros pertinent information.
Cognition, education, and multimedia (1990) discusses Anchored Instruction and how real-world environments are essential in the learning process. HSX.com presents users with authentic situations and critical thinking decisions. The site creates a realistic, but game-like environment for users to learn about the stock market. With success, the site will prepare users to apply their knowledge to real-world situations.
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2 comments:
Hi Julie,
Yeah, the HSX concept is pretty neat, isn't it? I think I've read that real studios use it to get a sense of what people really think about various projects & stars, etc.
It reminds me of informational markets in general, which was even discussed in Congress once as an idea in the fight against terrorism: use the collective knowledge of everyone out there (the 'market') as a source of information about threats. It was shot down for the unseemliness of it, but a lot of economists and other academics thought it was actually a promising idea.
Have you ever seen this one?:
http://www.intrade.com/
It helps buy & sell (and thus pick the odds for) just about *anything* including the upcoming presidential election.
Barack is trading at 64 to win, but McCain's only trading for 32. Let's hope the market's right!
Hey Julie,
Wow I can't believe I didn't know about this site earlier. It's so cool! I think that it is definitely a great way to learn how to buy and sell stocks as well as having fun at the same time. I think I'm actually going to sign up and try this...wish me luck!
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