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Classroom Games: Rent-Seeking and the Inefficiency of Non-market Allocations

Jacob K Goeree () and Charles A. Holt ()

Journal of Economic Perspectives, 1999, vol. 13, issue 3, pages 217-226

Abstract: Economics is often taught at a level of abstraction that can hinder some students from gaining basic intuition. However, lecture and textbook presentations can be complemented with classroom exercises in which students make decisions and interact. The approach can increase interest in and decrease skepticism about economic theory. This feature offers short descriptions of classroom exercises for a variety of economics courses, with something of an emphasis on the more popular undergraduate courses.

JEL-codes: A20 D72 (search for similar items in EconPapers)
Date: 1999
Note: DOI: 10.1257/jep.13.3.217
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