A Classroom Tariff-Setting Game

Autor/in	Winchester, Niven
Titel	A Classroom Tariff-Setting Game
Quelle	In: Journal of Economic Education, 37 (2006) 4, S.431-441 (11 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0022-0485
DOI	10.3200/JECE.37.4.431-441
Schlagwörter	Educational Games; Economics Education; Taxes; International Trade; Class Activities; Undergraduate Study; Simulation + Suchen Sie Ihr Suchwort? Educational game; Lernspiel; Wirtschaftskunde; Abgabe; Trade; International relations; Handel; Internationale Beziehungen; Grundstudium; Simulation program; Simulationsprogramm
Abstract	The author outlines a classroom tariff-setting game that allows students to explore the consequences of import tariffs imposed by large countries (countries able to influence world prices). Groups of students represent countries, which are organized into trading pairs. Each group's objective is to maximize welfare by choosing an appropriate ad valorem tariff that may be changed intermittently throughout the game. The game is built on a computable general-equilibrium model, which allows each nation's utility and terms of trade under alternative tariff regimes to be expressed quantitatively. The exercise encourages students to consider terms-of-trade improvements and efficiency losses resulting from large-country tariffs and provides a framework to discuss the Nash equilibrium of a tariff war. The game is a useful supplement to traditional teaching methods. (Contains 2 tables, 2 figures and 11 notes.) (Author).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10