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

Textbook Review of: Equilibrium Displacement Models: Theory, Applications, and Policy Analysis. By Gary W. Brester, Joseph A. Atwood, and Michael A. Boland
George Davis, Andrew Keller, Henry Kinnucan, Mike McCullough, Hikaru Hanawa Peterson, et al.

Reflecting on Using Reflection Exercises to Improve Student Learning and Teaching Effectiveness
Jaclyn D. Kropp

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

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

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Anukul Bhattari and George C. Davis

Demand Dashboards: Interactive Tools to Communicate Consumer Behavior
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Using NetLogo to Build an Agent-Based Model for Teaching Purposes at the Graduate Student Level
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An Ignatian Pedagogical Approach to Fostering Conversations on BIPOC Farmland Ownership Through Film Screenings
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Integrating Agricultural Research into Undergraduate Work Integrated Learning (WIL) Courses
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From Zero to Thesis in Two Years: A Curriculum Plan for Engaging Undergraduates in Honors Research
Caleb Stair, Xumin Zhang and Misti Sharp

Undergraduate Research Opportunities in an Applied Economics Program: Expanding Pathways for Economics Majors (and Beyond) at Land-Grant HBCUs
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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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Engaging Students in Open Dialogue about Use of AI Tools in Economics Courses
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