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




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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.

Keywords: Teaching ; Game Theory ; Agricultural Economics

Subject(s): Teaching/Communication/Extension/Profession

Issue Date: 2009

Publication Type: Conference Paper/ Presentation

PURL Identifier: http://purl.umn.edu/46569

Total Pages: 15

JEL Codes: A22; C70; Q19

Note: Working Paper

Record appears in: Southern Agricultural Economics Association (SAEA) > 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia





Author: Gardner, Justin G.

Source: http://ageconsearch.umn.edu/record/46569?ln=en







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