The Professor’s Dilemma: Teaching Game Theory in Principles of Agricultural Economics

Typically, students in undergraduate agricultural programs are required to take an introduction or principles class in Agricultural Economics. These courses usually include a section on oligopoly markets, which may lead to a lecture on game theory. This presents a problem as game theory can be a very difficult topic. Herein, I present an easy and fun method that can be used to present static and repeated games in a classroom setting and describe the results of using an experimental Prisoner’s Dilemma game as a teaching tool. Any instructor can replicate this in any classroom as a computer is not required.


Issue Date:
2009
Publication Type:
Conference Paper/ Presentation
Record Identifier:
http://ageconsearch.umn.edu/record/46569
PURL Identifier:
http://purl.umn.edu/46569
Total Pages:
15
JEL Codes:
A22; C70; Q19
Note:
Working Paper




 Record created 2017-04-01, last modified 2018-01-22

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