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The regulation dice game: Teaching the effects of entry barriers on wealth creation using an interactive class activity
The Journal of Economic Education ( IF 1.237 ) Pub Date : 2023-05-15 , DOI: 10.1080/00220485.2023.2204851
Joab Corey 1
Affiliation  

Abstract

There is a well-known connection between the barriers to entry created by an overburdensome regulatory climate and lower levels of productivity that create less economic growth. Many economics students are under the impression that regulations are designed to protect the workers and consumers as well as improve product quality, so they are often uninformed about the adverse effects of regulations and are sometimes reluctant to accept the idea that regulations such as occupational licensing can work to the detriment of those in that occupation and the economy as a whole. The author of this article presents an interactive class activity, providing the instructions and worksheets needed to employ it in the classroom, and which illustrate the costs and benefits of various regulatory environments.



中文翻译:

监管骰子游戏:通过互动课堂活动教授进入壁垒对财富创造的影响

摘要

众所周知,繁重的监管环境造成的进入壁垒与生产力水平较低导致经济增长放缓之间存在着密切的联系。许多经济学学生的印象是,法规旨在保护工人和消费者以及提高产品质量,因此他们往往不了解法规的不利影响,有时不愿意接受职业许可等法规可以改善产品质量的想法。其工作损害了从事该职业的人以及整个经济。本文的作者提出了一项交互式课堂活动,提供了在课堂上使用该活动所需的说明和工作表,并说明了各种监管环境的成本和收益。

更新日期:2023-05-15
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