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Dissanayake, Sahan T. M.; Jacobson, Sarah A. – Journal of Economic Education, 2016
Some policies try to maximize net benefits by targeting different individuals to participate. This is difficult when costs and benefits of participation vary independently, such as in land conservation. The authors share a classroom game that explores cases in which minimizing costs may not maximize benefits and vice versa. The game is a…
Descriptors: Economics Education, Cost Effectiveness, Public Policy, Educational Games