Sample Results
Survey

Some results

  • Students learn to produce on the PPF…

    Production in Portugal (game Ricardian, rounds 2 and 4, played in the fall of 2004)

    …and to gain from trade:

    Consumption in Portugal (game Ricardian, rounds 2 and 4, played in the fall of 2004)

  • Market prices get closer to their theoretical values…

    ... though not always

  • Analyzing trading errors can lead to an interesting class discussion and further learning: