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Staveley-O'Carroll, James; Gai, Yunwei – Journal of Economic Education, 2023
The authors describe an asymmetric information demonstration that assigns students different probabilities of incurring healthcare expenses. In each round, students choose whether to purchase insurance; then, the instructor randomly determines who gets "sick." After computing insurer profits, students help determine a new insurance price…
Descriptors: Risk, Economics Education, Health Insurance, Teaching Methods
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Tisha L. N. Emerson; KimMarie McGoldrick – Journal of Economic Education, 2024
Using data from 11 institutions, the authors investigate enrollments in intermediate microeconomics to determine characteristics of successful and unsuccessful students and follow the retake behavior of unsuccessful students. Successful students are significantly different from unsuccessful ones, and unsuccessful students differ by type…
Descriptors: Microeconomics, Student Attrition, Withdrawal (Education), Academic Persistence