TY - JOUR
T1 - What you don't know can cost you
T2 - A web-based experiment in price discrimination
AU - Hudson, Darren
AU - Lusk, Jayson
N1 - Copyright:
Copyright 2011 Elsevier B.V., All rights reserved.
PY - 2004/9
Y1 - 2004/9
N2 - This paper presents a Web-based experiential learning tool to assist instructors in conveying the central principles of price discrimination under asymmetric information. The game allows students to make monopoly-pricing decisions when the characteristics of individual consumers are not known. The Web-based approach allows for involvement by all students in the class and can be used in or out of class as a support for classroom lectures.
AB - This paper presents a Web-based experiential learning tool to assist instructors in conveying the central principles of price discrimination under asymmetric information. The game allows students to make monopoly-pricing decisions when the characteristics of individual consumers are not known. The Web-based approach allows for involvement by all students in the class and can be used in or out of class as a support for classroom lectures.
UR - http://www.scopus.com/inward/record.url?scp=23344438559&partnerID=8YFLogxK
U2 - 10.1111/j.1467-9353.2004.00187.x
DO - 10.1111/j.1467-9353.2004.00187.x
M3 - Article
AN - SCOPUS:23344438559
VL - 26
SP - 392
EP - 403
JO - Review of Agricultural Economics
JF - Review of Agricultural Economics
SN - 1058-7195
IS - 3
ER -