ERIC Number: EJ1344905
Record Type: Journal
Publication Date: 2022
Pages: 7
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-0022-0485
EISSN: EISSN-2152-4068
Available Date: N/A
An Undergraduate Economics Course on Belief Formation and Influence.
Stone, Daniel F.
Journal of Economic Education, v53 n2 p181-187 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 introductory microeconomics. The course also seeks to convey both the value of thinking in probabilities and awareness of mechanisms of strategic influence in students' everyday lives. [This paper was presented at the ASSA 2021 Session.]
Descriptors: Undergraduate Students, Economics Education, Concept Formation, Beliefs, Game Based Learning, Decision Making, Ambiguity (Context), Bayesian Statistics, Advertising, Mass Media, Socialization, Prerequisites, Required Courses, Microeconomics, Introductory Courses, Thinking Skills, Probability
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Publication Type: Journal Articles; Reports - Descriptive; Speeches/Meeting Papers
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A
Author Affiliations: N/A