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Markets, Games, & Strategic Behavior

Auteur Charles A. Holt
Markets, Games, & Strategic Behavior
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Markets, Games, & Strategic Behavior
Markets, Games, & Strategic Behavior
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ISBN
9780321419316
Bindwijze
Hardcover
Taal
Engels
Auteur
Charles A. Holt
Uitgeverij
Pearson College Div
Jaar van uitgifte
2006
Aantal pagina’s
304

Waar gaat het over?

Students become fluent in economics when they can apply the concepts in a real, decision-making and strategic environment. For this reason, an increasing number of professors are incorporating experiments into their undergraduate courses. In his new text, Charles Holt begins each chapter with a lead-off experiment designed as an organizing device to introduce economic concepts such as the Winner's Curse, Asset Market Bubbles, and Rent Seeking. These experiments are easy to facilitate in the classroom, and may be run by hand or online via an internet browser. The early chapters in Part I of the text cover the basics, providing examples that feature markets with buyers and sellers, simple two-person games, and individual lottery choice decision. Professors can choose the order in which they cover later chapter topics, including markets, bargaining, public choice, auctions, individual decisions, games, and asymmetric information.
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