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Prove that every trembling-hand perfect equilibrium (for the agent normal form) is sequential. Show by example that the converse is false.
The remaining problems in this chapter concern game-theoretic variations on the classic models of oligopoly. They are primarily about those models and so relate more to material in other chapters, but they could not have been posed until we had covered Nash equilibria and subgame perfection.
Which of the following kinds of unemployment is the hardest to reduce?
Describe a product that you are familiar with and outline its market structure - Using at least one of the techniques described in the article, discuss how you would price the product in order to maximize profits.
Examine the impact of persistent budget deficits on the trade deficit
How much does the economy have to grow (potential output is, 3.5% and the unemployment rate is 7.3%) in 2014 to bring the unemployment rate down to 5%? How much does it have to grow each year to bring the unemployment rate down to 5% by 2017.
The US treasury isn't the only issue of bonds. Corporations also issue bonds that have future payment structures like U.S. Treasuries. Of course, unlike the federal government, corporations can go bankrupt, leaving their bondholders unable to collect..
Think that the following entry game. Here, company B is an existing company in the market, and company A is a potential entrant. Company A must decide whether to enter the market or stay out of the market.
a monopolist has two types of customers. there are 100 of type a who will each pay up tp 10 for a single unit of the
The problem is about externalities in economies. The question explains about externalities and explains about negative externalities and positive externalities.
Analyze the principal forces acting upon the supply and demand the company is experiencing, using any financial information you feel is relevant.
When a bank raises its interest rates on loans, it typically sees fewer customers visiting to apply to borrow funds. 1. What is the independent variable 2. What is the dependent variable 3. What is the mathematical relationship between these two vari..
A major breakthrough that allows for on-site generation of electricity for an investment in the generating capacity but after that essentially a zero variable cost of electricity.
Welcome to Accenture, we are happy to have you join our public sector consulting arm. The Senate Banking Committee is considering a limit placed on what automated teller machine (ATM) owners can charge in terms of usage fees. Currently, the n..
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