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Spring 2014

ISSN 0890-913X

Volume 29, Number 2

Categories: Spring 2014 | Economic Education

Using Experiments and Media to Introduce Game Theory into the Principles Classroom

Boris Nikolaev, Baylor University

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TheJournalofPrivateEnterprise29(2),2014,149–160UsingExperimentsandMediatoIntroduceGameTheoryintothePrinciplesClassroomBorisNikolaevOxfordCollegeofEmoryUniversity______________________________________________________AbstractThiseducationalnotedescribesseveralvideoclipsfromtheTVshow“GoldenBalls”andtwoshortclassroomexperimentsthatcanbeusedtointroducethetopicofgametheoryintotheprinciplesclassroom.Italsosuggestssomeadditionalresourcesthatcanfurtherimproveteachingthetopic.______________________________________________________JELCodes:A2,A22,C70Keywords:Economiceducation,Classroomexperiments,GametheoryI.IntroductionRecentresearchinbehavioralpsychologysuggeststhathumor,games,andfantasyaremorethanjustfun(Brown2009).1Plentyofplaynotonlymakesushappier,butalsomakesussmarter.Playhelpsconceptualmemorytobedevelopedbyfiringupthecerebellumandincreasingneuronactivityintheexecutiveportionofthefrontallobe.Alargenumberofpedagogicalpapershaveemergedoverthepasttwentyyearssuggestingthatmore“playful”methodsofteachingeconomicsarealsomoreeffectivethanthecommon“chalkandtalk”strategies.Thesealternativepedagogicaltoolsrangefromtheuseofmediaintheclassroom2toavarietyofclassroomdemonstrationsandexperiments.3Inthiseducationalnote,IshowhowvideoclipsfromthepopularBritishgameshow“GoldenBalls”canbeusedasaneffectivepedagogicaltoolinteachinggametheorytostudentsinprinciplesclasses.Inaddition,IdescribetwoshortexperimentsthatIusetodemonstratetheprisoner’sdilemma(PD)gameandthetragedyof1ATEDpresentationbyStuartBrownonthetopiccanbeseenatwww.youtube.com/watch?v=HHwXlcHcTHc.2Forexample,seeHolian(2011),Diamond(2009),HallandLawson(2008),MateerandLi(2008),andMateer(2004).3Anexcellentwebsitewithhundredsofdifferentgamesthateconomistsplayishttp://www.marietta.edu/~delemeeg/games/.149

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Metadata [hide]

Title	Using Experiments and Media to Introduce Game Theory into the Principles Classroom
Authors/Creators:	Boris Nikolaev, Baylor University
Year:	2014
Volume:	29
Number:	2
Pages:	149 - 160
Publisher:	The Association of Private Enterprise Education
ISSN:	0890-913X
Document Type:	Articles
Keywords:	Economic Education

Citation:
Nikolaev, Boris / 2014. "Using Experiments and Media to Introduce Game Theory into the Principles Classroom." The Journal of Private Enterprise, 29(2): 149-160.