Title
Active learning with Monty Hall in a game theory class
Document Type
Article
Publication Date
2004
Abstract
The authors describe a game that students can play on the first day of a game theory class. The game introduces the 4 essential elements of any game and is designed so that its sequel, also played on the first day of class, has students playing the well-known Monty Hall game, which raises the question: Should you switch doors? By implementing a procedure proposed some 45 years ago, students not only quickly grasp the correct answer, but also become keenly aware of the importance of the assumption that players have common knowledge of the essential elements of a game.
Publication Title
The Journal of Economic Education
Recommended Citation
Brokaw, A. J.,
&
Merz, T. E.
(2004).
Active learning with Monty Hall in a game theory class.
The Journal of Economic Education,
35(3), 259-268.
http://doi.org/10.3200/JECE.35.3.259-268
Retrieved from: https://digitalcommons.mtu.edu/business-fp/268
Publisher's Statement
© 2004 Taylor & Francis, Ltd. Publisher's version of record: https://doi.org/10.3200/JECE.35.3.259-268