As part of the experiment, students learn about the phenomenon of "information asymmetries" and can understand their influence on the decision-making behaviour of consumers. Pupils can also identify information asymmetries "in the real world". They understand how and where such asymmetrical distribution of information arises in their living environment and learn how it can be mitigated or prevented. As the experiment does not require any special prior knowledge, it is well suited as an introduction. In this context, it can be used as an introduction to the topics of how markets work, sustainable consumption or economic policy measures.

Equipment

Access to the experimental platform classEx@school

Authors

Selina Freimuth, Marec Grotjahn, Mathis Löbbering, Katharina Schürmann, Tristan Schaaf

Management

Markus Allbauer-Jürgensen, Institute for Economics Education

Licence form

CC-BY NC ND