The Professor’s Dilemma: Teaching Game Theory in Principles of Agricultural Economics

Justin G. Gardner

No 46569, 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia from Southern Agricultural Economics Association

Abstract: Typically, students in undergraduate agricultural programs are required to take an introduction or principles class in Agricultural Economics. These courses usually include a section on oligopoly markets, which may lead to a lecture on game theory. This presents a problem as game theory can be a very difficult topic. Herein, I present an easy and fun method that can be used to present static and repeated games in a classroom setting and describe the results of using an experimental Prisoner’s Dilemma game as a teaching tool. Any instructor can replicate this in any classroom as a computer is not required.

Keywords: Teaching/Communication/Extension/Profession (search for similar items in EconPapers)
Pages: 15
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saeana:46569

DOI: 10.22004/ag.econ.46569

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