ERIC Number: EJ1385382
Record Type: Journal
Publication Date: 2023
Pages: 13
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-0022-0485
EISSN: EISSN-2152-4068
Renewable Resource Dynamics: A Web-Based Classroom Experiment
Cortés, Darwin; Mantilla, César; Prada, Laura
Journal of Economic Education, v54 n2 p145-157 2023
The authors adapted a lab-in-the-field experiment emulating the dynamic extraction of a fishery to create a Web-based classroom experiment. The game includes a multi-player version analogous to an open-access problem and a single-player version analogous to the social planner problem. This game is helpful in introductory microeconomics courses to teach about dominant strategies and the consequences of resource rivalry. In elective courses, the game helps teach bio-economics concepts, including logistic growth functions and optimal extraction paths. Instructions for game deployment and creating the sessions are provided. Conducting the game takes about 20 minutes, and because the game is Web-based, students can access it from their laptops, tablets, or smartphones.
Descriptors: Web Based Instruction, Teaching Methods, Elective Courses, Animal Husbandry, Game Based Learning, Laptop Computers, Handheld Devices, Telecommunications, Computer Games, Microeconomics, Introductory Courses, Economics Education, Scientific Concepts, Biology, Competition, Climate, Sustainability, Costs, Natural Resources, Decision Making, Computer Software, Undergraduate Students, Comparative Analysis
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
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education; Postsecondary Education
Audience: Teachers
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A