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by cpach 740 days ago
Cool! How do the students react? :)
1 comments

Generally the whole senior class gets addicted to it; other faculty wonder about what's up with this paperclip game... maybe about a third of students take it not just through "monopoly" (the assignment) but to the very end.

So much of what we talk about in micro is in there; price and profit maximization; market power and monopoly; game theory; production possibilities increasing through technology; etc.