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To build a new warehouse, Whole Foods International signed a $300,000 simple interest note at 9% for 150 days with National Bank on November 20. On February 6, National Bank sold all of its notes to Bank One. Find the proceeds to National Bank given a discount rate of 10.5%. Assume a 360-day year. (Be sure your calculator date worksheet is set to a 360-day year.)
Imagine that there are three major network-affiliate television stations in Turlock, California: RBC, CBC, and MBC. - Find the set of rationalizable strategies in this game.
Consider a game in which there is a prize worth $30. There are three contes tants, A, B, and C. Each can buy a ticket worth $15 or $30 or not buy a ticket at all. Find all pure strategy Nash equilibria.
a supplier and a buyer who are both risk neutral play the following game the buyer orders a good of quality q ge0 from
What is the largest number of minutes that will allow you to reject Ho?
Define the agency problem in corporate governance and describe the mechanisms many companies use to align the incentives of managers and owners, with specific e
Compare and contrast the characteristics of prospect theory and game theory. Explain the concept of behavioral economics and it relevance to behavior change.
Find the optimal pricing scheme for Tony. Discuss whether Tony would gain from being able to commit to not selling monitors in period 2.
Find an example of a belief space where the set of players consists of two players, and there exists an inconsistent state of the world ω at which πi({ω} | ω) = 0.
Four bidders 1, 2, 3, and 4 bid for three items I1, I2, and I3 using VCG auction. We use wjk to denote bidder j's value for item k. What is the payment for each winning bidder
At the state of the world ω, Player I believes that the state of the world is consistent, while Player II believes the state of the world is inconsistent.- Is it possible that ω is a consistent state of the world? Justify your answer.
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.
The following hypothetical data demonstrate the relationship. The dependent variable is a measure of language skill at age 3 for each child. Do the data indicate any significant differences? Test with α=0.05.
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