Title |
Using Student Data to Teach Utility Maximizing Behavior
|
Author |
Paul M. Mason and Michael M. Fabritius |
|
Category
|
Consumer Economics
|
Type |
Non-computerized experiment |
Description |
The primary goal of this experiment is to introduce students to the utility maximizing rule and to convince them that whether individuals know anything about economic principles or not they will act to maximize their utility subject to constraints in each of their purchases or activities. |
URL |
http://mcnet.marietta.edu/~delemeeg/expernom/f00.html#mason |
Home URL |
http://mcnet.marietta.edu/~delemeeg/expernom.html |
