Board Game Based on Asymmetric Information

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Board Game Based on Asymmetric Information

Inspired by a conversation on:

Planet Money

Planet Money

The Planet Money Game: Test our prototype

Host: Kenny Malone and Erica Barris

Timestamp: 00:09:10 - 00:10:22

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Feather Flow

Direct Quote

"The Market for Lemons is about the market for used cars and the problems created from what's known as asymmetric information."

Market Gap

Buyers often lack crucial information about products, leading to market failures.

In many markets, especially used cars, buyers face significant information asymmetry. Sellers know the true condition of their goods, while buyers do not. This discrepancy can lead to market failures where only low-quality products ('lemons') are sold, as buyers become skeptical about all products. This problem is not limited to used cars; it also affects sectors like health insurance and employment. Without a solution that addresses this information gap, honest sellers may withdraw from the market, leading to less choice and higher prices for consumers. The growing interest in transparency and trust in transactions makes this issue increasingly relevant in today's digital economy.

Summary

The Planet Money game leverages the economic concept of asymmetric information to create engaging gameplay. It introduces players to the dynamics of a market where sellers have more information than buyers through a game mechanic inspired by the Market for Lemons theory. Players negotiate deals based on hidden information, which simulates real-world economic interactions and teaches valuable lessons about market behavior. This board game aims to blend educational content with entertainment, making complex economic principles accessible and enjoyable for a wide audience. With the backing of Exploding Kittens, the game is positioned to reach a broad market through established retail channels.

Categorization

Business Model
Product
Target Founder
Generalist
Difficulty
Medium
Time to Revenue
6-12 months
Initial Investment
$1,000-$10,000

Potential MRR (18-24 months)

Conservative
$2,000 - $4,000 MRR
Moderate (Most Likely)
$10,000 - $20,000 MRR
Optimistic
$30,000 - $50,000 MRR

* Estimates assume solo founder/bootstrap scenario with competent execution

Scores

Clarity
8/10
Novelty
7/10
Feasibility
6/10
Market Potential
8/10
Evidence
7/10
Overall
7.2/10
Found on October 4, 2025 • Analyzed on October 4, 2025 12:43 AM

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How should I validate this product idea before building it?

2:34 PM

Great question! For a product idea like this, I'd recommend starting with these validation steps:

  1. Customer interviews: Talk to Generalist to understand their pain points
  2. MVP approach: Build a simple landing page to test demand
  3. Competitor analysis: Research existing solutions and identify gaps

Would you like me to help you create a specific validation plan for your medium difficulty idea?

2:35 PM

Yes, and what about the technical implementation? Should I build this myself or hire a team?

2:36 PM

Based on your idea's complexity and 6-12 months, here's my recommendation:

Technical Strategy:

  • Start with no-code tools for rapid prototyping
  • Consider your technical background and available $1,000-$10,000
  • Plan for scalability from day one

I can help you create a detailed technical roadmap and resource allocation plan...

2:37 PM

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Similar Ideas

Educational Game Development Platform

A platform for developing educational games could cater to educators and game developers alike, allowing them to create interactive and engaging learning experiences. Similar to the Planet Money game, this platform would focus on embedding economic principles within fun gameplay mechanics. It could include templates, game mechanics, and themes that educators can adapt to their specific teaching objectives. By enabling the creation of games that are both fun and educational, this platform could revolutionize how economics and other subjects are taught, making learning more enjoyable and effective. The platform would also facilitate collaboration between educators and game developers, ensuring that the content meets educational standards.