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Direct linkGachter, Simon; Thoni, Christian; Tyran, Jean-Robert – Journal of Economic Education, 2006
Instructors can use a computerized experiment to introduce students to imperfect competition in courses on introductory economics, industrial organization, game theory, and strategy and management. In addition to introducing students to strategic thinking in general, the experiment serves to demonstrate that profits of a firm fall as the number of…
Descriptors: Economics Education, Microeconomics, Competition, Experiments
