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Teaching marginal cost, supply, and efficiency with an English-auction experiment
Bernard, John C.
;
Schulze, William Dietrich
- In:
The journal of economic education
31
(
2000
)
1
,
pp. 52-65
Persistent link: https://www.econbiz.de/10001455630
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Understanding patenting decisions : a classroom exercise
Bernard, John C.
;
Yiannaka, Amalia
- In:
The journal of economic education
41
(
2010
)
3
,
pp. 235-251
Persistent link: https://www.econbiz.de/10008903108
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3
ECONOMIC INSTRUCTION - Teaching Marginal Cost, Supply, and Efficiency with an English-Auction Experiment - This experiment presents a computerized, multiple-unit English auction in a market with many sellers and a single buyer. lt demonstrates how the marginal cost is connected to the supply curve and the efficiency of competitive markets
Bernard, John C.
;
Schulze, William
- In:
The journal of economic education
31
(
2000
)
1
,
pp. 52-59
Persistent link: https://www.econbiz.de/10006517251
Saved in:
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