Applied Economics Teaching Resources

an AAEA Journal

Agricultural and Applied Economics Association

Teaching and Educational Methods

Teaching The Economics of Corporate Social Responsibility: A Mixed Motive Bargaining Simulation Game

Anukul Bhattari(a) and George C. Davis(a)
(a)Virginia Tech

JEL Codes: JEL Codes: A22, C71, C78, D78
Keywords: Corporate social responsibility, mixed motive bargaining game

Publish Date: January 8, 2024
Volume 6, Issue 1

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Abstract

Over the last three decades corporate social responsibility (CSR) has become an increasingly significant activity for most firms. Consequently, it is important for students to understand the economics of CSR and the possible trade-offs involved. However, teaching the economics of CSR is challenging for several reasons. The paper presents a mixed motive bargaining game that is designed to overcome some of these challenges and teach the economics of CSR in a novel and engaging way. The game is designed to be played during class and can be played in either small or large classes. The underlying theory and logic of the game is explained followed by an example from the game being played in a class of 70 students. All documents needed for running the game are provided in an online appendix along with an Excel workbook that contains the underlying program for the game.

About the Authors: Anukul Bhattari is a Ph. D. Candidate at Virginia Tech. George C. Davis is a Professor at Virginia Tech (corresponding author: georgedavis@vt.edu).

Copyright is governed under Creative Commons CC BY-NC-SA

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Articles in this issue

Innovate to Lead: Curriculum Innovations to Meet Students’ Needs in Applied Agricultural Economics and Agribusiness Programs
Rachna Tewari , Na Zuo, Maria Bampasidou, Anthony Delmond, Lijiao Hu, Tanner McCarty, et al.

A Case Study on the Home Cooking Movement—Legalization, Market, and Competition
Suraj Gurung, Jonathan Ritacco, Lijun Angelia Chen and John Lai

Expanding Beyond Case Studies in Postgraduate Agribusiness Teaching to Enhance Experiential Benefits and Student/Teacher Outcomes
Alexandra Peralta, Craig Johns, and Adam Loch

Minority-Owned Agricultural Businesses and Challenges with the Paycheck Protection Program: Seeking Ways to Reach Farmers
Kevin Kim, Ana Claudia Sant’Anna and Iryna Demko

Applied Economic Models of Commodity and Input Markets to Assess Prices, Quantities, Farm and Other Input Supplier Impacts, and Consumer and Taxpayer Costs
Joe Dewbre, Wyatt Thompson, Sera Chiuchiarelli

Renaissance Ag: Identifying the Who, How, and Where of Marketing a New Technology
Chanden Westover and Tanner McCarty

Risk Management Education for Executives in the Food and Agriculture Industry
Emily Garwood and Brian K. Coffey

Teaching The Economics of Corporate Social Responsibility: A Mixed Motive Bargaining Simulation Game
Anukul Bhattari and George C. Davis

Demand Dashboards: Interactive Tools to Communicate Consumer Behavior
Justin D. Bina and Glynn T. Tonsor

From Zero to Thesis in Two Years: A Curriculum Plan for Engaging Undergraduates in Honors Research
Caleb Staira, Xumin Zhang and Misti Sharp

Integrating Agricultural Research into Undergraduate Work Integrated Learning (WIL) Courses
Risti Permani, Md Khairul Hidayatullah Basir, Kodrad Winarno, Bisakha Dewan, et.al

Undergraduate Research Opportunities in an Applied Economics Program: Expanding Pathways for Economics Majors (and Beyond) at Land-Grant HBCUs
Huan Li, Lyubov Kurkalova, Scott Simkins and Shona Morgan

Undergraduate Research in the Andes: Overcoming Barriers to Developing-Country Farm-Household Focused Analysis

Undergraduate Applied Microeconomic Research with Demographic and Health Surveys
Seth R. Gitter, Chris M. Boyd, and Raissa Abbasi

Dare to Experiment: The Synergistic Relationship Between Undergraduate Research and Experimental Economics
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Creating and Implementing Undergraduate Research Experiences: An Example for Analyzing the Size, Structure, and Performance of U.S. Food Manufacturing Industries
Yuliya V. Bolotova, Luke Juffer, Haylie Moore

Integrating Mixed Methods and Service-Learning in Undergraduate Education in Applied Research Methods: A Course Preparing Students to Address Complex Social Issues
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FIRE Sustainability Analytics: An Innovative Approach to Engaging Undergraduate Students in Economics Research
Thanich Ruangmas and Lars J. Olson

Engaging Undergraduate Students in Research: From Cross-Discipline Programs to Published Articles
Gal Hochman and Yanhong Jin