THE ECONOMICS OF INFORMATION - A CLASSROOM EXPERIMENT

Authors
NETUSIL NR HAUPERT M
Citation
Nr. Netusil et M. Haupert, THE ECONOMICS OF INFORMATION - A CLASSROOM EXPERIMENT, The Journal of economic education, 26(4), 1995, pp. 357
Citations number
6
Categorie Soggetti
Education & Educational Research",Economics
Journal title
The Journal of economic education → ACNP
ISSN journal
00220485
Volume
26
Issue
4
Year of publication
1995
Database
ISI
SICI code
0022-0485(1995)26:4<357:TEOI-A>2.0.ZU;2-C
Abstract
An experiment, in which groups of students are asked to judge the qual ity of goods for which quality can be fully assessed only after their consumption, is presented as a way to stimulate a classroom discussion on what consumers use as an indicator of quality when faced with impe rfect information and what producers use to signal quality.