Now showing items 1-5 of 5
Employment and Statistical Discrimination: A Hands-on Experiment
The purpose of this experiment is to illustrate the economic inefficiencies that result from discriminatory hiring practices as well as outline the economic rationale that exists for statistical discrimination to occur. ...
The Note Issue Paradox in the Free Banking Era
In recent years a number of papers have appeared offering explanations of the long-noted, long-unresolved note issue paradox in both the free and national banking eras. Some have argued that previous profit calculations ...
Teaching international trade with experimental economics
Features an experimental strategy to help students better understand the process of international trade, an important but misunderstood topics in the economic curriculum. Comparative advantage and opportunity cost; Principles ...
Was There a Note Issue Conundrum in the Free Banking Era?
The article focuses on the note issue paradox of American banking in the post-Civil War era. An overview of the conundrum is given, highlighting national bank behaviors inconsistent with profit-maximizing principles and ...
Teaching Experiments: A Classroom Primer
The article focuses on a classroom primer for teachers who are interested in using experimentation as an educational aid. It is noted that incorporating experiments into the classroom improves student involvement with the ...