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.
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Articles in this issue
Educational Materials Addressing Industry and Market Developments: Introduction to the Special Issue
David Hall
Demand Dashboards: Interactive Tools to Communicate Consumer Behavior
Justin D. Bina and Glynn T. Tonsor
Risk Management Education for Executives in the Food and Agriculture Industry
Emily Garwood and Brian K. Coffey
Expanding Beyond Case Studies in Postgraduate Agribusiness Teaching to Enhance Experiential Benefits and Student/Teacher Outcomes
Alexandra Peralta, Craig Johns, and Adam Loch
Teaching The Economics of Corporate Social Responsibility: A Mixed Motive Bargaining Simulation Game
Anukul Bhattari and George C. Davis
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
A Case Study on the Home Cooking Movement—Legalization, Market, and Competition
Suraj Gurung, Jonathan Ritacco, Lijun Angelia Chen and John Lai
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
Unraveling the Reintroduction of Hemp in the United States: A Case Study of the Supply and Demand During the (Re)Birth of an Industry
Jonathan D. Shepherd, Rebecca Hill, William Snell, Tyler Mark, Jane Kolodinsky and Hannah Lacasse