Simulation is now used as an education tool for clinical nursing. Both undergraduate and postgraduate nursing now uses this method. If you look up information about the NHET Sim education providers, they have extensive courses and research regarding this type of education.
There are a number of good and interesting studies in this area. Here is one example: http://people.ku.edu/~jomcderm/portfolio/courses/course_1/assign_5/assign_5_files/ebpsimscenarios_4.pdf
We are using different simulation games in our MBA program for students in their decision making process. There feedback is positive interms of learning.