Does decision maker have incentive to make a good decision

Assignment Help Microeconomics

Reference no: EM133196251 , Length: 4 Pages

Assignment:

Step 1 - Pick a business problem (pick only 1). You have two choices for how to proceed through this final assignment:

1. You can pick one of the problems identified below, or

2. You can develop/identify a problem of your own. Note: if you choose this second option, you MUST fully explain the problem (as in the problems provided) so that a determination of the reasonableness/correctness of your solution can be determined.

a. Start by answering our three questions

Who is making the bad decision?
Does the decision maker have enough information to make a good decision?
Does the decision maker have the incentive to make a good decision?

Step 2 - Identify and FULLY EXPLAIN the problem to be addressed AND the source of the problem

NOTE: Simply answering the three questions will NOT fully explain anything.

Step 3 - Given everything you have learned in this course, propose and DEFEND a solution to the problem identified in step 2.

Procedural Issues/Guidelines -

The case analysis will typically be between 3 to 4 pages in length and must include a complete theoretical justification/defense of your proposed solution. Please be VERY specific in your problem identification and justify the source of the problem. You should pay specific attention to answering your instructor's favorite question - WHY?

DO NOT assume the reader knows the background materials. Your final analysis should be readable (and understood) by any colleague from your workplace.

Treat this final analysis as a policy brief written for your immediate supervisor in terms of format etc.

Note: USI, and the Romain College of Business, follow the A.P.A. Style Manual

Possible Business Problems - Note: These problems are based on real-world situations and borrow heavily from published news stories and academic articles/postings (citations are available). Please do not simply "Google" possible answers (your instructor does know how to follow this path).

Reference no: EM133196251

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