Learning a selection problem of investment projects and capital structure through business game

Yasuo Yamashita, Hiroshi Takahashi, Takao Terano

Research output: Contribution to journalArticle

2 Citations (Scopus)


While the importance of financial education has increased in recent years, a technique for deepening an understanding of finance theory is needed. In this research, we analyze learning methods for finance theory regarding investment project selection and capital structure determination using the business game technique. As a result of analysis, the participant understood theinvestment project selection method and interesting phenomena - understanding progresses regarding the method for determining the capital structure which raises capital stock value - were seen. These results show the effectiveness of the business game technique for studying finance theory.

Original languageEnglish
Pages (from-to)159-167
Number of pages9
JournalIntelligent Decision Technologies
Issue number2
Publication statusPublished - 2010
Externally publishedYes



  • Business game
  • Finance

ASJC Scopus subject areas

  • Software
  • Human-Computer Interaction
  • Computer Vision and Pattern Recognition
  • Artificial Intelligence

Cite this