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50 Years of ERIC
50 Years of ERIC
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Peer reviewed Peer reviewed
ERIC Number: EJ670527
Record Type: CIJE
Publication Date: 2001
Pages: N/A
Abstractor: N/A
Reference Count: 0
ISBN: N/A
ISSN: ISSN-0022-0485
A Monopoly Classroom Experiment.
Oxoby, Robert J.
Journal of Economic Education, v32 n2 p160-68 Spr 2001
Uses a simple classroom experiment to develop the economic model of monopoly. Introduces students to the nature of the monopoly problem and motivates them to think of the associated effects. Highlights the role of information and fairness ideals in determining economic outcomes. (RLH)
Descriptors: Class Activities, Economics Education, Educational Experiments, Educational Strategies, Higher Education, Information Needs, Models, Ownership
Publication Type: Journal Articles; Reports - Descriptive
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers: Fairness; Monopoly
Note: Journal of Economic Education is a refereed journal.