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How does the Nash equilibrium of a prisoner's dilemma game change if the prisoners can retaliate at the end of their prison terms if the other snitches? You can make up numbers to illustrate the point, but make sure to depict the equilibrium & game matrices with and without penalties for snitching.
What changes have you seen due to the subprime mortgage crisis in the U.S. housing market and bubble? What do you think will occur in the next 5 years given the demand and supply of land as well as the policies adopted [if any] by the Congress in res..
Use this equation to explain the level of income at which there is a zero lower bound on the federal funds rate
briefly explain the probable effects of the screenwriters’ wage increase on: Equilibrium price, equilibrium quantities, and total revenues in the movie and popcorn markets.
As a policy maker wanting to correct effects of gases and particulates emitted by a local power plant what two policies could be used to reduce total amount of emissions.
Discuss how each of the 4 factors contributed to the elasticity of the good.
a disgruntled college graduate sues her school on grounds that her tuition payments did not land her the good job she was expecting when she started there. Courts invariably throw out cases like hers.
M-Pesa in Kenya has significant network effects (it becomes more valuable to participate as the number of people grows that use it) across several sides or dimensions. Select the side/dimension that is least dependent on the network effects of the M-..
Measles has become an epidemic here in Orange County. About 1 in 1000 people will die after contracting the disease. Because this is such a high rate, health officials in Orange County would be well advised to pay for anyone to get a vaccination.
You are the manager of Dunkin Donuts. Almost all of your donut sales are derived from the drive-through window. You know from experience that coffee is a complement for your donuts. The morning newspaper says that a major storm has just destroyed 50 ..
The manufacturer's managers are convinced that they could make more sales if they could convince the retailers to carry a full line of products. How could the manufacturer induce its retailer to carry a fuller line of products
What is your definition of success in your work life? What can you do to ensure that you achieve success? What should you avoid doing?
describe how each of the 4 factors contributed to the elasticity of the good. Is the product considered elastic, inelastic, or unitary elastic.
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