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Peer reviewed Peer reviewed
ERIC Number: EJ643976
Record Type: CIJE
Publication Date: 2000
Pages: N/A
Abstractor: N/A
Reference Count: 0
ISBN: N/A
ISSN: ISSN-0022-0485
An Experimental Education Market with Positive Externalities.
Hazlett, Denise
Journal of Economic Education, v31 n1 p44-51 Win 2000
Describes a classroom experiment in which students see how competitive markets underproduce in the presence of a positive externality. States that this experiment is used in a principles of economics course to introduce the idea of market failure. Explains that participants take the role of buyers of education, sellers of education, or interested bystanders. (CMK)
Descriptors: Class Activities, Course Content, Economics Education, Education, Educational Experiments, Educational Strategies, Higher Education, Laboratory Experiments, Microeconomics, Role Playing
Publication Type: Journal Articles; Reports - Descriptive
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers: N/A