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1. Explain why the rules of Axelrod's tournament favored tit-for-tat. What strategy would best tit-for-tat head to head? What does this suggest about the reasonableness of the SPNE?
2. During the Great War of 1914-18, German and British soldiers engaged in trench warfare where units faced each other across the trenches for long periods of time. Instead of following official orders to shoot each other as often as possible, some units would establish a "live and let live" policy with the other side where they could walk above ground in safety and even fraternize with the enemy. Axelrod argues in his case study that these instances represent cooperative equilibria to repeated Prisoners' Dilemma games.
What will be the effects of an increase in the money supply
Questions based on International Business
Calculate and Plot using a spreadsheet (like Ms Excel) the series for Nominal GDP
Burger King Beefs Up Global Operations
Consider two Countries that share the same technology, South Africa and the UK, and two goods, Diamonds and Tea
Which political system describes best the governance system of the EU? Is the governance system of the EU democratic? Why ‘yes', or why ‘not'?
Political Economy and Foreign Direct Investment - Review the country's political economy
Calculate the value of the Intraindustry Trade
Identify the funding mechanism of the project, and the sources of funding. Identify the key players or stakeholders of the project. Who is supposed to benefit from the initiative?
explain how Alternative Trade: Legacies for the Future supports or challenges your conceptualizations of trade and development. Are there themes that some of you agree upon? Do you disagree on others? Describe your conversation.
The consumption function is given by C = 200 + 0.75(Y - T ). The investment function is I = 200 - 25r, r is the real interest rate. Government buy and taxes are both 100.
Global marketing managers must understand economics and trade rules of countries and regions within which they trade.
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