This paper describes a classroom game that illustrates the effects of asymmetric information and adverse selection in health insurance markets. The first part of this game simulates a market in which buyers can purchase insurance from sellers; in some periods, government regulation of the...

The audience response system (ARS) has increasingly been used to engage students by eliciting and analyzing responses to questions posed by instructors. The authors discuss how they used the system to facilitate pit market trading in a microeconomics class, report the efficacy of the approach...

Economic experiments allow the K-12 teacher to promote active learning that is also rigorously grounded in economic theory. In an experiment students test for themselves the economics they hear in lectures and read in their textbooks. The authors have found that working through the existing...

Social Entrepreneurship is a hot topic. Many students are passionate about making a positive difference in the world and wish to channel their passion and intellect into meaningful action. An increasing amount of universities wish to provide a classroom experiences to their students exposing...

In this paper, we report on an experiment on corruption which investigates various determinants of corruptibility. We find that economics students are significantly more corrupt than others, which is due to self-selection rather than indoctrination. Moreover, our results vary with gender. Also,...

The introduction of new Information and Communication Technologies (ITC) in teaching at the University level has culminated in unstoppable innovation teaching process and generates new learning ways. One of the latest learning phenomena has been “m-learning”. An open, cheap, and global way...

Does an economics education affect an individual's behavior? While it has been shown that choices made by those who have studied economics are different, what is unclear is whether differences in behavior are, in fact, due to the education or simply reflect the fact that those who choose to...

The search is on for low cost collaborative learning models that foster creative cooperation and growth through spontaneous competition. I propose that a traditional renga competition for stakes can fulfill several of those goals at once. “Capitalistic Crisis,” composed by five undergraduate...

In this paper I present an asymmetric version of the familiar public goods classroom experiment, in which some players are given more tokens to invest than others, and players collectively decide whether to divide the return to the group investment asymmetrically as well. The asymmetry between...

Economics students have been shown to exhibit more selfishness than other students. Because the literature identifies the impact of long-term exposure to economics instruction (e.g., taking a course), it cannot isolate the specific course content responsible; nor can selection, peer effects, or...