Publication: Journal of Economic Education
Volume: Volume 24, No. 4
Issue: Fall 1993
Pages: pp. 317-323
Author(s): Christopher R. Bell (University of North Carolina, Asheville)
Title: Using a Non Computerized Version of Williams and Walker's Stock Market Experiment in a Finance Course
Abstract: This paper describes a non computerized trading game used to teach asset valuation to upper division finance students. The game forces students to devise bidding strategies using basic valuation theory and statistics. Topics include: a description of the game, game management, using the game's play as a teaching tool, philosophical issues raised by the use of bonus points to encourage realistic behavior, and what the game does and does not teach