Reference no: EM132207523
Question: You (Y ) have a job offer by Microsoft that pays a wage of r. But you have also a job offer from Facebook (F) and are in the process of negotiating your wage w. You cannot work for both Microsoft and Facebook.
The negotiation process uses alternating offer bargaining. You offer at datest = 0,2,4,... and Facebook offers at dates t = 1,3,.... When you make an offer w, Facebook can either accept the offer and hire you at wage w (ending the bargaining), or reject the offer and the negotiation continues. When Facebook makes an offer w, you can either accept the offer w and start working at Facebook for wage w and ending the negotiation, or reject the offer w and take Microsoft offer r, working for Microsoft at wage r and ending the game, or reject the offer w, and then the negotiation continues.
If the game continues to date T ≤ ∞ then the game ends with zero payoff s for both players. If You take Microsoft's offer at t < T , then your payoff is δtr and the payoff of Facebook is 0, where δ ∈ (0,1). If You start working for Facebook att < T for wage w , then Your payoff is δtw and Facebook's payoff is δt(π - w) , where
(π/2) < r < π.
(a) Compute the subgame perfect equilibrium for T = 4.
(b) Suppose now that T = ∞ . Conjecture a subgame-perfect equilibrium and check that the conjectured strategy profile is indeed a subgame-perfect equilibrium.
Write a program that allows the user to enter an integer
: The program calculates and prints the sum, average, and all the number above the average. Draw the flowchart for the program on the back this paper.
|
Would you choose sure amount or the right to open the boxes
: Assuming that your utility function is U(x) = (x)1/2 (square root of x), and that you use expected utility as your guide in life, would you choose.
|
Find nash equilibrium bid and ask prices
: Draw the trading network, with the trader as a square, the buyers and the sellers as circles, and the edges representing pairs of people who are able to trade.
|
What is the marginal product of the heathen
: A pastor converts heathens (h) into reformers (r) by offering them a prayer (p). In order to produce 1 reformer (r), the pastor must have both a heathen.
|
Compute the subgame perfect equilibrium
: You (Y ) have a job offer by Microsoft that pays a wage of r. But you have also a job offer from Facebook (F) and are in the process of negotiating your wage w.
|
Ask the user to enter a positive integer greater than zero
: Outputs the even digits not in reverse order with a space separating the digits (consider zero to be even).
|
What the possible nash equilibrium outcomes are
: Consider a trading network with intermediaries in which there is one buyer, one seller and two traders (intermediaries). The buyer and the seller each are.
|
Accept a number of minutes and converts it both to hours
: Write a program that accepts a number of minutes and converts it both to hours and days.
|
Find the optimal size of the hot tub group
: Find the optimal size of the hot tub group, and give an explanation of why it differs from the equilibrium size. Next compute the grand total of benefits.
|