Classroom games: Strategic interaction on the internet. Journal of Economic Perspectives

Game theoretic concepts arise in many economics courses: for example, the prisoner’s dilemma in the principles course; Nash equilibrium in industrial organization; bargaining games in labor economics, strategic interactions in managerial economics, free-riding and common-pool resources in public economics, and so on. Learning about game theory can be enhanced b

Classroom Games: Strategic Interaction on the Internet

Economics is often taught at a level of abstraction that can hinder some students from gaining basic intuition. However, lecture and textbook presentations can be complemented with classroom exercises in which students make decisions and interact. The approach can increase interest in, and decrease skepticism about, economic theory. This feature offers short descriptions of classroom exercises for a variety of economics courses, with something of an emphasis on the more popular undergraduate courses.