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Find an example of a belief space, where the set of players is N = {I, II}, and there is a state of the world at which Player I believes that the state of the world is consistent, while Player II believes the state of the world is inconsistent.
What kind of factors could further enhance or degrade the effectiveness of face-to-face communication, and if so. how would affect the probability of cooperating?
A recent study by Ohio State University (March 5, 2008) suggests that students with cell phones may take more risks than students that do not have cell phones.
Compute the equilibrium under the assumption that Arrow-Debreu securities are traded in time 0 after the realization s0 = H.
What is her payoff if she deviates to a lower or higher effort level? Is any action profile in which not all the players' effort levels are the same a Nash equilibrium?
Use the above survey results to test the claim that less than half of all Ohio State female students who, if they had a cell phone, would be willing to walk somewhere after dark that they would normally not go. What is the value of the test statis..
Describe this situation as an extensive-form game, where the root of the game is a chance move that determines with equal probability whether the contractor was negligent or not.
Assume you are one of two manufactures of tennis balls. Both you and your competitor have zero marginal costs. Total demand for tennis balls is
What is the present value of a perpetuity that begins payment 10 years from today. The first payment is $1000.
A lottery requires that you select six different numbers from the integers 1 to 49. Write a Java program that will do this for you and generate five sets of six numbers as a result.
Provide an example of a belief space ? with three players, which contains a state of the world ω, such that the minimal belief subspaces of two of the players at ω are consistent and differ from each other.
Find a completely mixed Nash equilibrium in which each player assigns the same probability to the actions 1, 2, and 3.
Show that in order that AA and PP yield a player the same expected payoff when her opponent uses the strategy β, we need β to assign probability (V + v)/2c to AA.
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