Markets Games & Strategic Behavior

About this book

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. In his new text Charles Holt begins each chapter with a lead-off experiment designed as an organizing device to introduce economic concepts such as the Winners 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.