Aworker (the row player) can choose to either work or shirk. her boss can choose to inspect or to sleep. payoffs are as given below, where c is the cost to the boss from inspecting. assume that c > 1 and also c < 4. show that there is no pure strategy equilibrium. solve for a mixed strategy equilibrium. how does the probability that the boss inspects change as c increases? how does the probability that the worker works increase with c? (these comparative statics results are sometimes thought to be counter-intuitive, but they are common in mixed strategy equilibria).

What is the prime factorization of 195

If the simple annual interest rate on a loan is 6, what is the interest rate in percentage per month?

Asystem of linear equations with more equations than unknowns is sometimes called an overdetermined system. can such a system be consistent? illustrate your answer with a specific system of three equations in two unknowns. choose the correct answer below. a. yes, overdetermined systems can be consistent. for example, the system of equations below is consistent because it has the solution nothing. (type an ordered pair.) x 1 equals 2 comma x 2 equals 4 comma x 1 plus x 2 equals 6 b. no, overdetermined systems cannot be consistent because there are fewer free variables than equations. for example, the system of equations below has no solution. x 1 equals 2 comma x 2 equals 4 comma x 1 plus x 2 equals 12 c. yes, overdetermined systems can be consistent. for example, the system of equations below is consistent because it has the solution nothing. (type an ordered pair.) x 1 equals 2 comma x 2 equals 4 comma x 1 plus x 2 equals 8 d. no, overdetermined systems cannot be consistent because there are no free variables. for example, the system of equations below has no solution. x 1 equals 2 comma x 2 equals 4 comma x 1 plus x 2 equals 24