Journal article
A dynamic semester-long social dilemma game for economic and interdisciplinary courses
The Journal of Economic Education, Vol.50(1), pp.70-85
01/02/2019
DOI: 10.1080/00220485.2018.1551097
Abstract
The authors present a semester-long game to teach the role of economics in natural resources management. The game is framed within a fisheries context: multiple student fisheries harvest fish to maximize yield/profit, which is measured using a piecewise linear function. There are prizes for both the student and the group with the highest semester-long catch, which brings forth the social dilemma associated with dynamic stock externalities in fisheries. The game can be played in large classes, is robust to student attrition, and requires 5-10 minutes per class period. Given its features, it can be used to teach behavioral economic principles in resource management, incentives versus command-and-control regulations, role of cheap talk, social preferences, punishment, and community management as well as solutions such as aquaculture.
Details
- Title: Subtitle
- A dynamic semester-long social dilemma game for economic and interdisciplinary courses
- Creators
- Silvia Secchi - Department of Geographical and Sustainability Sciences, University of IowaSimanti Banerjee - Department of Agricultural Economics, University of Nebraska-Lincoln
- Resource Type
- Journal article
- Publication Details
- The Journal of Economic Education, Vol.50(1), pp.70-85
- Publisher
- Routledge
- DOI
- 10.1080/00220485.2018.1551097
- ISSN
- 0022-0485
- eISSN
- 2152-4068
- Language
- English
- Date published
- 01/02/2019
- Academic Unit
- Geographical and Sustainability Sciences; University College Courses; Public Policy Center (Archive)
- Record Identifier
- 9983917691302771
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