We have developed a computerized version of Charles Holt’s classical market game that can be used even in classes with a large audience. The Pit market game gives students intuitive access to the interaction of supply and demand in real-world markets. Even though trade can take place at...

We introduce a simple but particularly compelling prisoner's dilemma classroom experiment that can be used in a variety of settings to demonstrate issues surrounding cooperative behavior (e.g., oligopoly, advertising, and public corruption). The prisoner's dilemma occurs in all 21 class sections...

This paper analyzes to what degree 25 undergraduate microeconomics textbooks incorporate contributions from behavioral economics and experimental economics. We find that ten of the 25 textbooks examined make no reference at all to behavioral economics; six dedicate less than 1% of total pages to...