The aim of this investigation is to display how the use of classroom experiments may be a good pedagogical tool to teach the Nash equilibrium (NE) concept. The basic game for our purposes is a repeated version of the Beauty Contest Game (BCG), a simple guessing game whose repetition lets...

This paper presents evidence from two surveys to help explain the poor ratings consistently given to the teaching of economics at Australian universities. The evidence suggests that the poor ratings of economics teaching can be attributed to two related factors: inappropriate pedagogical...