Economists have explored the relationship between economics and music since Tinari and Khandke (2000) made use of popular songs, dating back to the 1930s, to help teach economics. This paper takes the work of Tinari and Khandke and combines it with the more recent efforts of Mateer and Rice...

We asked economic educators from around the country to identify five films that they found most useful in teaching economics. Our sample of 105 educators reflects wide-ranging opinions about the greatest films for teaching economics. We provide summaries of each of the Top 10 films in our list...

Stories create a direct and powerful connection with students and course material, increasing their level of attention, bringing abstract economic concepts to life, and refining their critical thinking skills. Humans of New York is an immensely popular blog and unique photojournalism project...

Adam Ruins Everything is a self-proclaimed “half-hour information comedy show” that appears on truTV. The main goal of the show is to take topics and discuss how they are not as great as one might expect; for example, gift giving. In doing this, Adam Ruins Everything touches on many...

Information provided at the moment a person makes a decision can influence behavior in predictable ways. The United Kingdom's Behavioural Insights Team have used this idea to help improve the insulation of lofts, collect taxes, and even reduce litter. The authors of this article developed...

Economic educators have been teaching with pop culture for decades, but the idea of using foreign-language teaching resources to create a more inclusive and diverse classroom has only recently been taken up. This paper builds on the work of Wooten et al. (2020), who have shown how K-pop can be...

Recent contributions to the literature [Plott and Zeiler (2005, forthcoming) and Isoni et al (2009)] have questioned the robustness of the well documented WTA/WTP disparity showing that it can be eliminated with experimental procedures. However, a formal mathematical model explaining the role of...

Researchers use practice rounds to familiarize participants with experimental auction mechanisms. We find a positive correlation between practice bids and bids submitted in later rounds. We consider three explanations for this correlation: a behavioral anchoring effect, a tendency for some...

It is generally thought that market outcomes are improved with the provision of market information. As a result, the use of repeated rounds with price feedback has become standard practice in the applied experimental auction valuation literature.We conducted two experiments to determine how...

We report the results of an experiment designed to test whether initial endowments affect value estimates elicited from experimental auctions. Comparing bids for one unit of a good, two units of a good, and a second unit of a good when endowed with the first unit, we find that willingness to pay...