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Cataloged Resource Summary

 

Title

A Simple Investment Game Experiment for the Classroom

Author

Ananish Chaudhuri

Categories

Game Theory
Welfare Economics: Allocative Efficiency, Externalities, Fairness, Altruism

Type

Non-computerized experiment

Description

We present a simple way of carrying out the Investment Game, introduced by Berg, Dickhaut and McCabe (1995) inside the classroom for instructional purposes. This game is a handy way of illustrating the principle of backward induction in sequential move games. In a slight deviation from the original design we allow each subject to play both as a Sender as well as a Receiver.

URL

http://mcnet.marietta.edu/~delemeeg/expernom/Fall2001/Chaudhuri.html

Home URL

http://mcnet.marietta.edu/~delemeeg/expernom.html
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