Markets, games, & strategic behavior /
Charles A Holt
- Boston : Pearson Education, 2007
- xviii, 462p. ; 23cm.
Students become fluent in economics when they can apply the concepts in a real, decision-making and strategic environment. For this reason, an increasing number of professors are incorporating experiments into their undergraduate courses. The book begins each chapter with a lead-off experiment designed as an organizing device to introduce economic concepts such as the Winner's Curse, Asset Market Bubbles, and Rent Seeking. These experiments are easy to facilitate in the classroom, and may be run by hand or online via an internet browser.
0321419316 9780321419316
Economics--Psychological aspects Economics--Study and teaching (Graduate)--Simulation methods Game theory Markets Negotiation in business