G2TT
来源类型Discussion paper
规范类型论文
来源IDDP12015
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
URLhttps://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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