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(a) Give an example of a three-player coalitional game whose core is a triangle.
(b) Give an example of a three-player coalitional game whose core is a parallelogram.
(c) Give an example of a three-player coalitional game whose core is a pentagon.
The spell-checker in a desktop publishing application may not catch all misspellings (e.g. their, there) or correctly interpret the spellings of proper names.
Get the price for a nonstop flight a) tomorrow, b) in one week, c) in two weeks, and d) in two months. Explain any differences in terms of price discrimination.
In a Gallop poll of 1012 randomly selected adults, 9% said that cloning of humans should be allowed. We are going to use a .05 significance level to test the claim that less than 10% of all adults say that cloning of humans should be allowed. The ..
In the following game, Describe the set of actions that survive the iterated elimination of strictly dominated actions. Describe the set of actions that survive the iterated elimination of weakly dominated actions
Consider the two extensive-form games below. Show that (2, 2) is a sequential equilibrium payoff in Game A, but not a sequential equilibrium payoff in Game B.
Write a program in c that takes n number finite players using gambit format and output is to be all pure strategy nash equilibrium
Union bargaining - A firms output is L(100 - L) when it uses L ≤ 50 units of labor, and 2500 when it uses L > 50 units of labor. The price of output is 1. Find the subgame perfect equilibrium of the game
After you play the game write a response discussing what aspects of trade this game showed. Also discuss the kinds of restrictions on trade coutries use with each other and how they affect the market.
Assume that the companies in an oligopolistic market engage in a price war and, as a result, all companies earn lower profits. Game theory would describe this as what?
Employee absences can seriously affect productivity. In one country, employees are absent from work an average of 2.6 weeks of the 52-week work-year.
How much effort do the students exert in the Nash equilibrium of the game introduced by Amalia and what value v for the cake induces the students to exert the efficient effort level?
Find the Nash equilibrium of this market game. - Is the notion of a best response well defined for every belief that a firm could hold? Explain.
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