Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
A seller uses a second-price sealed-bid auction to sell a painting to two bidders. The seller claims that the painting was drawn by a famous painter, say Monet. Both bidders are not sure about the seller's claim, and think that the probability of the painting being drawn by Monetis 1=2. Both bidders can examine the painting before bidding. After examination, bidder 1 gets signal x1 and bidder 2 gets signal x2. Both x1 and x2 are independently drawn from a uniform distribution on [0; 1]. Let us assume that if a bidder is an expert on Monet's painting, then after examination he or she can immediately know whether the painting is authentic. Otherwise, he or she still thinks that the probability of the painting being authentic is 1=2.
If the painting is authentic, it will worth 10+x1 to bidder 1, and will worth 10+x2 to bidder suppose you know that neither you nor bidder 2 is an expert. But bidder 2 is not sure whether you are an expert or not. Suppose you could pretend to be an expert and convince him that you are an expert. Will you choose to do so? Why?
Explain whether you used distributive bargaining approach or integrative bargaining approach
Course: Human Resource Management Foundations Topic: Human Resource Management and the Global Environment Respond to the following questions: (Answer in each question should have at least 200 words.)
I was in an organization that had a high degree of trust, commitment, and effort in stilled into everyone that worked there. I was in the United States Marine Crops where every Marine is instill with a core set of values to fallow while doing the..
Select an organisation that you are familiar with, this could be the organisation that you work for currently, you worked for previously or a sporting or social club that you are involved with. Describe the purchasing methods that they use and exp..
Imagine that you are standing on the bank of a river and injured people start floating down the river towards you. There is no end to the floating people...they just keep coming and coming. You are alone and you do not have cell service to phone f..
What can leaders do to manage diversity in organizations? Submit your completed assignment to the Drop Box below. Please check the Course Calendar for specific due dates.
A stock sells for $60 and the risk free rate of interest is 10%. The call and a put on this stock expire in one year in both options have an exercise price of $55. How would you trade to create a synthetic call option?
What about the replacement product is superior to the original item your peer purchased? Your thoughts on the leader's response and how you could implement that thinking in your own career.
business question profit maximizationabc inc. determined through regression analysis that its sales s are a function of
According to Chau (2011), the directors of an organization as stakeholders, have the responsibility to monitor the ethical culture of an organization. In addition, Conger, Lawler, and Finegold (2001) identify their responsibilities in seven key ar..
hardest ethical dilemmas to decide are ones that involve competing rights. Explain where you would draw the line with regards to workplace privacy.
Create a white paper based on virtualization. Please be sure to include any security concerns. Note: You are welcome to use the Internet as a source, just be sure to cite your sources.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd