An Interactive Introduction to Randomized Evaluation part of Starting Point: Teaching and Learning Economics:Teaching Methods:Classroom Experiments:Examples
This activity introduces a Randomized Control Trial (RCT) in the classroom. The experiment is straightforward to implement, and provides students experiential learning opportunities to the nuts and bolts of impact evaluation. Student choices in the experiment are used to demonstrate the effect of a treatment, and the critical notion of Average Treatment Effect (ATE).
Introduction of Backward Induction Technique Using a Classroom Experiment part of Starting Point: Teaching and Learning Economics:Teaching Methods:Classroom Experiments:Examples
This is a classroom activity to introduce students to the idea of backward induction. Students, in teams of two, play the Game of 21 repeatedly with progressively smaller action spaces in every repetition. As the number of available actions become sufficiently small in later repetitions, students discover the obvious winning strategy. This experience is then used to introduce the logic of backward induction and the Subgame Perfect Nash Equilibrium (SPNE) solution concept in Game Theory.
Utteeyo Dasgupta part of Starting Point: Teaching and Learning Economics:About this Project:Project Participants
Assistant Professor of Economics 415 Harrisburg Ave, Lancaster, PA 17603 firstname.lastname@example.org Phone:7174584767 Background Information Utteeyo Dasgupta is faculty at Franklin and Marshall College. Dasgupta ...