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Cataloged Resource Summary

 

Title

A Simple Game Theory Experiment for Teaching Oligopoly

Author

Daniel Seiver

Categories

Game Theory
Industrial Organization
Market Structure

Type

Non-computerized experiment

Description

For a number of years, I have been using a simple and brief classroom experiment to illustrate the power of game theory in explaining the behavior of oligopolists. The whole presentation takes about fifteen minutes of class time, and it has worked well in the Principles of Microeconomics course.

URL

http://mcnet.marietta.edu/~delemeeg/expernom/f95.html#seiver

Home URL

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