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What is a challenge to reporting to more than one manager in a matrix organization? What might be a benefit?
What do you think are the advantages and disadvantages of being employed by a boundary-less organization?
What is the main cost of maintaining an organizational learning environment? What is the greatest benefit?
Which kind of organization would you like to work for? Why?
A public relations intern realizes that she forgot to assemble the consumer panel her boss asked her to do. She panics and decides to randomly ask (independent) people if they will work on the panel for an hour.
Use the tree from part a to argue that this statement consti tutes a promise. What would the outcome of the game be if the promise works?
Repeat the analysis of the principal-agent game in this chapter, under the assumption that p is the probability of a successful project with high effort (rather than 1/2 as in the basic model). How does the optimal contract de-pend on p?
Construct a belief space in which the described situation is represented by a state of the world and indicate that state.
What are all the possible short-run outcomes for an individual firm in a perfectly competitive industry? Draw the graph(s). Explain.
Determine the solution to the given advertising decision game between Coke and Pepsi, assuming the companies act independently.
What is the payoff of a person whose number is the highest of the three? Can she increase this payoff by announcing a different number?
Formulate problem as a two-person, zero-sum game and use the concept of dominated strategies to determine the best strategy for each side.
Voting by alternating veto - Two people select a policy that affects them both by alternately vetoing policies until only one remains. First person 1 vetoes a policy. Find its subgame perfect equilibria using backward induction
Three dozen fish fry will be netted and their lengths measured. What is the probability that the sample mean length of the 36 netted trout fry will be less than 3.2 inches?
A manufacturer makes ball bearings that are supposed to have a mean weight of 30 g. A retailer suspects that the mean weight is actually less than 30 g. The mean weight for a random sample of 16 ball bearings is 29.5 g. with a standard deviation o..
Develop a program that prompts the user to guess the outcome of a die throw. Then throw a die (using a random number generator) and inform the user if they guessed the correct outcome
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