This paper, presented at the 11th Australasian Teaching EconomicsConference in July 2005, and revised in the light of further experimentation,describes the use of the Shrimp Game (a tutorial game on Cournotinterdependence) in a second year business strategies unit in 2004 and 2005.The paper firstly summarises Cournot games in general and introduces anexample of these, the Shrimp Game, as it was conceived by Gertner in 1999and adapted by Scott in 2003. The details of the game and its active learningrequirements are then explained in Section 3. The fourth section of the papercontains findings that include heightened student awareness ofinterdependencies but weak convergence to equilibrium. The conclusionsrefer to the Shrimp Game as being a useful addition to the arsenal ofpractical experience for economics undergraduates.
|Journal||Australasian Journal of Economics Education|
|Publication status||Published - 2006|