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Buy the Seat of Your Pants: Increasing the Stakes of a Classroom Experiment

Author

Listed:
  • Ronald Baker

    (Millersville University of Pennsylvania)

  • Kirsten Madden

    (Millersville University of Pennsylvania)

Abstract

This paper introduces a competitive seat market trade experiment for classroom use. The competitive seat market endows each student with a randomly assigned seat in which […]

Suggested Citation

  • Ronald Baker & Kirsten Madden, 2021. "Buy the Seat of Your Pants: Increasing the Stakes of a Classroom Experiment," Journal of Economics Teaching, Journal of Economics Teaching, vol. 6(1), pages 24-39, May.
    • Handle: RePEc:jtc:journl:v:6:y:2021:i:1:p:24-39
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    References listed on IDEAS

    as
    1. Siegfried, John J & Fels, Rendigs, 1979. "Research on Teaching College Economics: A Survey," Journal of Economic Literature, American Economic Association, vol. 17(3), pages 923-969, September.
    2. Davis, Douglas D. & Harrison, Glenn W. & Williams, Arlington W., 1993. "Convergence to nonstationary competitive equilibria : An experimental analysis," Journal of Economic Behavior & Organization, Elsevier, vol. 22(3), pages 305-326, December.
    3. Yvonne Durham & Thomas Mckinnon & Craig Schulman, 2007. "Classroom Experiments: Not Just Fun And Games," Economic Inquiry, Western Economic Association International, vol. 45(1), pages 162-178, January.
    4. Charles A. Holt, 1999. "Teaching Economics with Classroom Experiments: A Symposium," Southern Economic Journal, John Wiley & Sons, vol. 65(3), pages 603-610, January.
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    Cited by:

    1. Birdi, Alvin & Cook, Steve & Elliott, Caroline & Lait, Ashley & Mehari, Tesfa & Wood, Max, 2023. "A critical review of recent economics pedagogy literature, 2020–2021," International Review of Economics Education, Elsevier, vol. 43(C).

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    More about this item

    Keywords

    Market; Simulation;

    JEL classification:

    • A21 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Pre-college
    • A22 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Undergraduate

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