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Direct linkStone, Daniel F. – Journal of Economic Education, 2022
The author of this article describes a game-theory-based economics class on how people should, and do, form beliefs, communicate, and make decisions under uncertainty. Topics include Bayesian and non-Bayesian belief updating, the value of information, communication games, advertising, political media, and social learning. The only prerequisite is…
Descriptors: Undergraduate Students, Economics Education, Concept Formation, Beliefs
