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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP12015 |
DP12015 Survivor: Three Principles of Economics Lessons as Taught by a Reality Television Show | |
Dean Karlan | |
发表日期 | 2017-05-01 |
出版年 | 2017 |
语种 | 英语 |
摘要 | The reality television show Survivor has been a ratings success on CBS for over 16 years. In the show, 16 strangers are marooned in a remote location, required to compete in physical and mental challenges, and periodically vote to eliminate players from the game. The last person remaining wins one million dollars. I use this popular television show to demonstrate three important lessons from principles of microeconomics: (a) for individual decision-making, concepts like pride and honor may belong in the utility function, alongside more classical components such as consumption of goods and services, (b) thinking through how others will respond to your action is critical for good economic and strategic thinking, and (c) repeated interaction can help collusive behavior hold. |
主题 | Industrial Organization |
关键词 | Survivor Preferences Behavioral economics Game theory |
URL | https://cepr.org/publications/dp12015 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/540827 |
推荐引用方式 GB/T 7714 | Dean Karlan. DP12015 Survivor: Three Principles of Economics Lessons as Taught by a Reality Television Show. 2017. |
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