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Filtering by: Keyword Experimental Economics Creator Murphy, James

Fishing for Beads: Simple Games, Serious Insights

Creator:

Knapp, Gunnar and Murphy, James

Abstract:

We have developed simple and fun “fishing games” which can be played easily and quickly with cheap supplies—and which demonstrate important economic characteristics of fisheries. Players “fish” by scooping beads from a common bowl into individual cups placed near the bowl. The beads are the fish stock; the scoops are...

Resource Type:

Presentation

Full Text:

many important and sometimes subtle economic characteristics of fisheries. • We have found these