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

  Calcutate the amount of profit that this firm earns

A monopolist produces according to the following demand curve: p=200 - 4Q. Assume that the firm faces a constant marginal cost and constant average total cost of 60 per unit produced. A.calculate the optimal output that this monopolist should produ..

  What deposit must be made each month until the man retires

A Man is planning to retire in 20 years. He can deposit money for his retirement at 6% compounded monthly. It is estimated that the future general inflation rate will be 5% compounded annually. What deposit must be made..

  What percentage of kids aged 12 to 17 watches television

According to a recent study, kids aged 12 to 17 watched an average of 3 hours of television per day. Suppose that the standard deviation is 1 hour and that the distribution of the time watching television has a bell-shaped distribution.

  Determine what is the marginal cost of a string

The Licorice industry is competitive. Each firm produces 2 million strings of licorice per year. The strings have an average total cost of .20 cents each and they sell for .30 cents.

  Natural rate of capacity utilization

The natural rate of capacity utilization is defined as the rate at which Y is zero. What is this rate for the period under the study?

  What are the advantages and disadvantages of a candidate

In running for the party's nomination, what are the advantages and disadvantages of a candidate who has a stronger ideological record?  For example, in the 2012 GOP nomination race, what advantages did Rick Santorum (the stronger socially conservativ..

  What cost to invest in either option is the same day

The cost to invest in either option is the same today. Both options will provide you with $20,000 of income. Option A pays five annual payments starting with $8,000 the first year followed by four annual payments of $3,000 each.

  Calculate the f statistic from the value of r2

Similarly, calculate the F statistic from the value of R2 obtained in the earnings function fitted using your EAEF data set and check that it is equal to the value printed in the output. Perform an appropriate F test.

  What is total dollar amount saved by all consumers combined

Suppose that elimination of tariffs on agricultural products means that 1,000 farm workers lose jobs that pay an average of $20,000 per year. At the same time, because of the imporation of relatively cheaper foreign vegetables.

  Consequences in the regression results

The presence of autocorrelation leads to all of the following undesirable consequences in the regression results except:

  Calculate the price and quantity to maximize tr

Enumerate the various objectives a firm might have and how the price mechanism can be used to realize such goals. Have you any real-world examples to support your answer While you're at it, calculate the price and quantity to: (a) Maximize TR

  What is the utility of one year in the chronic health state

suppose you are asked to use the standard time trade-off approach to measuring quality of life and are given the following information. an individual is faced with living the remaining 10 years of her life suffering from severe osteoporosis.

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