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  • Are Classroom Games Useful for Teaching ‘Sticky’ Finance Concepts? Evidence from a Swap Game

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    Author(s)
    Akimov, Alexandr
    Malin, Mirela
    Griffith University Author(s)
    Malin, Mirela D.
    Akimov, Alexandr
    Year published
    2016
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    Abstract
    Despite long list of documented games in economics and other disciplines, a lack of literature on experiments in finance teaching suggests that academics in the field of finance may have been slower to embrace the benefits of experimental learning than academics in other fields. This paper contributes in closing the gap. Firstly, it documents an example of a role-play game, which might be used in teaching a ‘sticky’ concept of swaps. Secondly, the paper discusses students’ experiences of the game and provides a summary of the survey results. Finally, the paper contributes to the thin literature of experimental learning ...
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    Despite long list of documented games in economics and other disciplines, a lack of literature on experiments in finance teaching suggests that academics in the field of finance may have been slower to embrace the benefits of experimental learning than academics in other fields. This paper contributes in closing the gap. Firstly, it documents an example of a role-play game, which might be used in teaching a ‘sticky’ concept of swaps. Secondly, the paper discusses students’ experiences of the game and provides a summary of the survey results. Finally, the paper contributes to the thin literature of experimental learning effectiveness by presenting evidence on how the participation in the experiment affected learning outcomes in the particular topic.
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    Journal Title
    Advances in Financial Education
    Volume
    Winter
    Publisher URI
    http://jfedweb.org/
    Copyright Statement
    © The Author(s) 2016. The attached file is reproduced here in accordance with the copyright policy of the publisher. For information about this journal please refer to the journal’s website or contact the author[s].
    Subject
    Finance
    Publication URI
    http://hdl.handle.net/10072/353304
    Collection
    • Journal articles

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