Business, 29.06.2019 18:30, jasmineunderwoo264
Question 2: consider an infinitely repeated game played between alice (row player) and ben (column player). the stage-game is given by bi̇n h1,1-1,0 l 2,-1 0,0 players share the same discount factor, which is 0.9. alice and bob can perfectly observe both players' action choices in the past. 1. find a subgame perfect equilibrium in which both players' discounted average payoffs are 0. 2. find a subgame perfect equilibrium in which both players' discounted average payoffs are 1. 3. find a subgame perfect equilibrium in which player 1's discounted average payoff is strictly greater than 4/3.
Answers: 2
Business, 21.06.2019 20:30, 7841784
Which of the following mechanisms would be most likely to motivate managers to act in the best interests of shareholders? a) decrease the use of restrictive covenants in bond agreements, b) take actions that reduce the possibility of a hostile takeover, c) elect a board of directors that allows managers greater freedom of action, d) increase the proportion of executive compensation that comes from stock options and reduce the proportion that is paid as cash salaries, e) eliminate a requirement that members of the board directors have a substantial investment in the firm's stocks
Answers: 2
Business, 22.06.2019 10:30, SuBzErO24
Which maxim is being neglected in the following conversation? eli: how did you do at the track meet? caleb: i came in second place! eli: congratulations! what was your time? caleb: six minutes, four seconds. the guy who won only beat me by three seconds. eli: really? katie said the winning time was under 6 minutes. caleb: oh, well, he might have beat me by five seconds. a)maxim of quantity b)maxim of quality c)maxim of relevance d)maxim of manner
Answers: 1
Business, 22.06.2019 15:50, fireemblam101ovu1gt
Evaluate a real situation between two economic actors; it could be any scenario: two competing businesses, two countries in negotiations, two kids trading baseball cards, you and another person involved in an exchange or anything else. use game theory to analyze the situation and the outcome (or potential outcome). be sure to explain the incentives, benefits and risks each face.
Answers: 1
Question 2: consider an infinitely repeated game played between alice (row player) and ben (column...
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