Why was this a really bad strategy

Assignment Help Econometrics
Reference no: EM131142274

"Tying one's hands" can be a way to commit credibly to a certain course of action. In the 1960s film Dr. Strangelove, the Soviet Union deployed a doomsday device that could destroy the world and would be automatically triggered if the United States attacked. Explain how such a device could serve as a credible threat to deter a U.S. attack. In the movie, the Soviet Union did not inform the United States that the device had been deployed. Why was this a really bad strategy?

Reference no: EM131142274

Questions Cloud

What will the level of service of this highway : What will the level of service of this highway be on a 4% upgrade that is 1.5 miles long if the speed limit is 55 mi/h and there are 15 access points per mile?
Develop a reputation for good food : If reputations are important, which restaurant will have a greater incentive to offer good service-one that is part of a national chain (such as McDonald's or Burger King) or one that is locally owned?
What would be the level of service : What would be the level of service before and after the trucks are allowed (assuming the driver population adjustment to be 1.0 before and 0.97 after)?
Is immigration the answer for industrialized countries : What are the implications of the global baby bust for marketers of consumer goods? What are the implications of the global baby bust for marketers who sell to governments?
Why was this a really bad strategy : In the movie, the Soviet Union did not inform the United States that the device had been deployed. Why was this a really bad strategy?
What is the directional hourly volume : If the highway is on level terrain with 8% large trucks and buses (no recreational vehicles) and the speed limit is 55 mi/h, what is the directional hourly volume?
Draw the game tree for the sequential game : Is this announcement credible? Use this example to explain what is meant by time inconsistency.
Draw the game tree for the game discussed : Microsoft decides whether to compete peacefully or wage the price war. Verify that Microsoft's decision at the first stage of the game has no effect on Redhat's strategy.
How might collusion assist the two firms in this case : Explain how firm B will reason that it makes sense to produce the high amount, regardless of what firm A chooses. Then explain how firm A will reason that it makes sense to produce the high amount, regardless of what firm B chooses. How might coll..

Reviews

Write a Review

Econometrics Questions & Answers

  Design a simple econometric research project

Design a simple econometric research project

  Multiplicative decomposition method

Multiplicative decomposition method

  Market for cigarettes

The Australian government administers two programs that affect the market for cigarettes.

  Solve the forecast model

Solve the forecast model

  What are the marginal abatement cost functions

What are the marginal abatement cost functions for each of the two areas? Calculate the loss in the two areas due to over-control (for the rural area) and under-control (for the urban area).

  Write the t statistic for testing the null hypothesis

Explain why this model violates the assumption of no perfect collinearity.  Write the t statistic for testing the null hypothesis

  What is economics system

What is economics system? What are the types of economics system? Briefly explain each type of economics system by giving examples of nations that are close to each type

  Multiple choice questions related to market concentration

Determine when a competitively produced product generates negative externalities in production, the industry will,

  Calculating number of units produced by firm

Assume a company has the following production function: Q = 100 K.5 L1 . Currently, the company hires 1,000 workers and employs 100 units of capital.

  Question about mobile commerce

M-commerce also known as mobile commerce is being lumped in with several strategic internet plans. Explain some of the industries that are likely to use mobile commerce and how it is working for them.

  Calculating the average days past due and average flow time

Auto Data manufactures custom engineering testing machine. The following 5-orders are currently in the design department:

  Mechanism of an english auction and second price auction

Briefly discuss the difference between mechanism of an oral or English auction and a Vickrey or second price auction.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd