Literaturnachweis - Detailanzeige
| Autor/inn/en | Carattini, Stefano; Fenichel, Eli P.; Gordan, Alexander; Gourley, Patrick |
|---|---|
| Titel | For Want of a Chair: Teaching Price Formation Using a Cap and Trade Game |
| Quelle | In: Journal of Economic Education, 51 (2020) 1, S.52-66 (15 Seiten)Infoseite zur Zeitschrift
PDF als Volltext |
| Zusatzinformation | ORCID (Gourley, Patrick) |
| Sprache | englisch |
| Dokumenttyp | gedruckt; online; Zeitschriftenaufsatz |
| ISSN | 0022-0485 |
| DOI | 10.1080/00220485.2019.1687379 |
| Schlagwörter | Economics Education; Conservation (Environment); Class Activities; Educational Games; Active Learning; Spreadsheets; Computer Uses in Education; College Instruction; Pollution |
| Abstract | "Cap and trade" is one of the most innovative policy options developed by environmental economists. By placing a cap on a social bad and allowing firms to buy and sell the right to generate it, policymakers combine government intervention with market-based incentives to improve welfare and internalize the externality. Such programs represent a great opportunity for instructors to show students how economic theory is used in the real world. Students can learn several important tenets of economics by playing an in-class game based on musical chairs, which creates a market for pollution using a mobile app or paper-based interaction. This active learning method engages students and improves comprehension of price formation, gains from trade, voluntary response to incentives, and an important environmental policy. (As Provided). |
| Anmerkungen | Routledge. Available from: Taylor & Francis, Ltd. 530 Walnut Street Suite 850, Philadelphia, PA 19106. Tel: 800-354-1420; Tel: 215-625-8900; Fax: 215-207-0050; Web site: http://www.tandf.co.uk/journals |
| Erfasst von | ERIC (Education Resources Information Center), Washington, DC |
| Update | 2024/1/01 |
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