Quake
Faculty Contributors: Howard Kunreuther, Robert Meyer
Groups of student homeowners invest in earthquake-mitigation measures and watch the impact of earthquakes with various magnitudes
- About Quake
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Quake is a web-based earthquake simulator that teaches students how individuals make decisions with
respect to low-probability/high-consequence events.
In the simulation, players are endowed with ownership of a home for a fixed starting value, and may pay to invest in measures that lower the risk of damage caused by earthquakes. As the game plays out, earthquakes of differing magnitudes occur and cause damage to the homes. Each player's goal is to make mitigation investment decisions in such a way as to maximize their net wealth at the end of the game.