Literaturnachweis - Detailanzeige
Autor/inn/en | Strow, Brian Kent; Strow, Claudia Wood |
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Titel | A Rent-Seeking Experiment for the Classroom |
Quelle | In: Journal of Economic Education, 37 (2007) 3, S.323-330 (8 Seiten)Infoseite zur Zeitschrift
PDF als Volltext |
Sprache | englisch |
Dokumenttyp | gedruckt; online; Zeitschriftenaufsatz |
ISSN | 0022-0485 |
DOI | 10.3200/JECE.37.3.323-330 |
Schlagwörter | Microeconomics; Macroeconomics; Competition; Economics Education; Active Learning; Educational Games; Class Activities; Undergraduate Study; Discussion (Teaching Technique); College Instruction |
Abstract | Recent research has demonstrated that active learning techniques improve student comprehension and retention of abstract economic ideas such as rent seeking. Instructors can reinforce the concept of rent seeking with a classroom game, particularly one involving real money. The authors improve upon a game first introduced by Goeree and Holt (1999) and later expanded upon by Bischoff and Hofmann (2002). The authors present a version of the game in which students participate in an all-pay auction, risking their own money, and discover first hand the potential inefficiencies of rent seeking. The authors suggest extensions of the rent-seeking game, including discussions of social welfare effects, equity, campaign finance reform, tax simplification, and congressional reforms designed to limit the influence of rent seeking in the economy. (Contains 1 figure and 3 notes.) (As Provided). |
Anmerkungen | Routledge. Available from: Taylor & Francis, Ltd. 325 Chestnut Street Suite 800, Philadelphia, PA 19106. Tel: 800-354-1420; Fax: 215-625-2940; Web site: http://www.tandf.co.uk/journals |
Erfasst von | ERIC (Education Resources Information Center), Washington, DC |
Update | 2017/4/10 |