GEO for Takeovers, Banking, and Finance


 

Page 390 - Developments in Business Simulation and Experiential Learning, volume 41, 2014 

GEO FOR TAKEOVERS, BANKING, AND FINANCE 
 

PrechaThavikulwat 

Towson University 

pthavikulwat@towson.edu 

ABSTRACT 

 
This demonstration focuses on advances features GEO, 

namely, takeovers, banking, and finance. The game allows 

players to practice making these truly important decisions. 

 

INTRODUCTION 

 
GEO is an international-business game with an 

entrepreneurial orientation. It is a computer-assisted, 

Internet-based multiplayer game structured at the level of a 

global economy, one level of comprehensiveness above the 

total-enterprise games that are commonly used in business 

education programs. The game can be played on a turn-by-

turn basis by two to six players or on an activity-and-clock 

timing basis by up to 32,767 simultaneous players. The 

game is flexible and its rules are simple, so students from 

different countries, classes, and educational levels can join 

the same session. 

Usually, a session takes place over a semester, with 

players entering and leaving the session at different times 

depending on their course schedules. The demonstration 

version of the game can be accessed through the Web site 

at http://pages.towson.edu/precha/. For the conference 

session in which I will demonstrate the game, attendees 

with Internet-accessible Windows computers should bring 

their computers to experience playing the game. 

The demonstration will focus on takeovers, banking, 

and finance, the newest features of the game. I will show 

how players who control a firm can execute a takeover of 

another firm using any combination of cash and shares for 

the acquisition. I will show how players can found banks, 

and how the banks can lend to other banks through an 

interbank system backed by national banks. I will also 

show how nonbanking firms can engage in covered interest 

arbitrage and currency speculation. 

Takeovers, banking, and financial issues such as 

currency arbitrage and speculation rest in the upper end of 

decisions that have consequences for business. The game 

allows players to practice making truly important decisions. 

mailto:pthavikulwat@towson.edu
http://pages.towson.edu/precha/