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1) Explore the effects of a cournot duopoly on welfare and market efficiency
2) Explore the effects of a stackelberg duopoly on welfare and market efficiency
3) Compare the cournot and stackelberg models and their relationship with efficiency.
Brute force, or warfare, is generally agreed to be the most costly form of dispute resolution and Litigation is often the least costly method of environmental dispute resolution.
What share would each legislator require to accept somebody else's proposal? What division would each legislator propose if he gets picked - What is the Nash equilibrium of this game?
Identify concerns about cost, quality, and access to the current U.S. health care system and Answer the question: Is the current health care system an example of market failure that requires government intervention?
Cost of production - The cost of producing pharmaceuticals in a highly completive market
Employment effects of a minimum wage - What determines the size of the employment effect of a minimum wage increase in the model of perfect competition?
Draw the budget constraint facing any worker under the original program and draw the budget constraint facing any worker under the proposed new program.
Denote the Cournot quantity for each rm by qa, and denote half of the monopoly quantity by qb. Suppose that the two rms interact with each other for in nite periods, and in each period they choose quantities simultaneously.
Discuss how person is involved or influences e-commerce via reviews, product advertisements, giveaways or other means. How does this person garner trust or goodwill with followers?
understand different theories of social welfare. we suppose that each individuals well-beingwelfare from any
Your Course Project is a comparative analysis of the U.S. healthcare system against that of another country of your choice.
suppose players 1 and 2 are participating in a first-price sealed bid auction with private independent valuations. each
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