Your place in space: classroom experiment on spatial location theory
The authors detail an urban economics experiment that is easily run in the classroom. The experiment has a flexible design that allows the instructor to explore how congestion, zoning, public transportation, and taxation levels determine the bid-rent function. Heterogeneous agents in the experiment...
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| Veröffentlicht in: | The Journal of economic education 2009-10, Vol.40 (4), p.405-421 |
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| container_end_page | 421 |
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| container_issue | 4 |
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| container_title | The Journal of economic education |
| container_volume | 40 |
| creator | Bergman, Margo Mateer, G. Dirk Reksulak, Michael Rork, Jonathan C Wilson, Rick K u.a |
| description | The authors detail an urban economics experiment that is easily run in the classroom. The experiment has a flexible design that allows the instructor to explore how congestion, zoning, public transportation, and taxation levels determine the bid-rent function. Heterogeneous agents in the experiment compete for land use using a simple auction mechanism. Using the data that is collected, a bid-rent function is derived, and the experimental treatment is altered over the course of three sessions to uncover core concepts in urban economics. Moreover, this provides a tangible experience that can be used to help undergraduates relate to urban issues such as the steep rent gradient found around many larger colleges and universities. |
| doi_str_mv | 10.1080/00220480903237976 |
| format | Article |
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| identifier | ISSN: 0022-0485 |
| ispartof | The Journal of economic education, 2009-10, Vol.40 (4), p.405-421 |
| issn | 0022-0485 2152-4068 |
| language | eng |
| recordid | cdi_eric_primary_EJ860530 |
| source | Business Source Complete; JSTOR Archive Collection A-Z Listing; EBSCOhost Education Source |
| subjects | Auctions bid-rent function Calculus Class Size classroom experiment Classrooms College Instruction Costs Didaktik Economic costs Economic Factors Economic Instruction Economic rent Economic Research Economic theory Economics Economics Education Endowment Endowments Experiential learning Experimentelle Methode Experiments Fees Geographic Location Introductory Courses Land Use Landowners Microeconomics Profits Projection Equipment Small Classes spatial location Stadt Student costs Student Records Students Studium Tax rates Taxes Teaching Methods Topology Total costs Transportation Transportation costs Undergraduate Students Unit costs Urban Areas urban economics Wirtschaftskunde Wirtschaftspädagogik Wirtschaftswissenschaft Zoning Ökonomie |
| title | Your place in space: classroom experiment on spatial location theory |
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