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"Teaching Economics Through Musical Theatre"

Tag: Game Theory

I Want the Good Times Back (The Little Mermaid)

Posted on March 1, 2021January 22, 2021 by mattrousu

Ursella is trying to decide how she is to reclaim ownership of the sea from her brother. In order to develop a plan, she thinks like an economist, using backward induction. She must make her decision now based on her brother’s likely reaction to each option she has in order to achieve her desired outcome. […]

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