Teaching the concept of risk: Blended \learning using a custom-built prediction market

Garvey, J. and Buckley, P. (2010) Teaching the concept of risk: Blended \learning using a custom-built prediction market. Journal of Teaching in International Business, 21 (4). pp. 346-357. ISSN 08975930 (ISSN)

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Abstract

There has been much research into the role of technology in promoting student engagement and learning activity in third-level education. This article documents an innovative application of technology in a large, undergraduate business class in risk management. The students' learning outcomes are reinforced by activity in a custom-designed prediction market. The content of lectures are closely aligned to the student objectives within the prediction market, thus allowing the application of risk management practice while building knowledge through traditional delivery methods. © Taylor & Francis Group, LLC.

Item Type: Article
Additional Information: Cited By :3; Export Date: 23 February 2015; Correspondence Address: Garvey, J.; Kemmy Business School, University of Limerick, Limerick, Ireland; email: john.garvey@ul.ie; References: Hoffman, M., Blake, J., Computer literacy: Today and tomorrow (2003) Journal of Computing Sciences In Small Colleges, 18 (5), pp. 221-233; Kinchin, I.M., Chadha, D., Kokotailo, P., Using Powerpoint as a lens to focus on linearity in teaching (2008) Journal of Further and Higher Education, 32 (4), pp. 333-346; Knight, F.H., (1921) Risk, Uncertainty, and Profit, , New York, NY: Houghton Mifflin Company; Krantz, J.H., Eagley, B.M., Creating psychological tutorials on the World-Wide Web. Behaviour Research Methods (1996) Instruments and Computers, 28, pp. 156-160; O'Toole, J.M., Absalom, D.J., The impact of blended learning on student outcomes: Is there room on the horse for two? (2003) Journal of Education Media, 28 (2-3), pp. 179-190; Philips, R., Challenging the primacy of lectures: The dissonance between theory and practice in university teaching (2005) Journal of University Teaching and Learning Practice, 2 (1), pp. 1-12; Tziralis, G., Tatsiopoulos, I., Prediction markets: An extended literature review (2007) The Journal of Prediction Markets, 1, pp. 75-91
Uncontrolled Keywords: Blended learning; Custom-designed prediction market; Insurance loss market; Peer-to-peer learning; Risk management education
Depositing User: National Forum
Date Deposited: 03 Dec 2015 15:51
Last Modified: 09 Dec 2015 20:14
URI: http://eprints.teachingandlearning.ie/id/eprint/2329

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