Common Property Activity

Document created by jennifer.imazeki on Apr 6, 2015
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Common Property

(experiment)

Students jointly own a common resource and must make consumption decisions over multiple rounds.

    • Here are many variations of this game, generally using different goods as the common resources (e.g., see hereGames Economists Play: Games 71 - 80)
    • For larger classes, can be done with a sub-set of students as a demonstration for the rest of the class. Have students predict what will happen before game begins.

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