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Emptiness of the strong core when preferences are not strict:-
Suppose that some players are indifferent between some pairs of houses. Specifically, suppose there are three players, whose preferences are given in Figure 1. Find the core and show that the strong core is empty.
Draw the extensive-form version of this game and find all pure-strategy sub-game perfect Bayes Nash equilibrium.
A light-bulb manufacturer advertises that the average life for its light bulbs 900 hours. A random sample of 10 of its light bulbs resulted in the following lives in hours. At the 10% significance level, do the data provide evidence that the mean ..
Samples of our students from an applied experimental design class were polled regarding the number of hours they spent studying for the last exam. All students anonymously submitted the number of hours on a 3x5 card.
Figure 10-13 demonstrate the payoff matrix for the only 2-auto dealerships in a community, Jim's Autos and Tim's Autos. The matrix demonstrate the profits that each company would earn from selecting either a low price or a high price.
Determine what offers is country 2 willing to accept in period 1, that is, specify a threshold r1 where 0 ≤ r1 ≤ 1 such that in equilibrium after every history country 2 accepts offers y1 if and only if y21 ≥ r1
Three students, Jim, Joan, and Jethroe are registered for the same class and attend independently to each other, Jim 95.7% of the time, Joan 92.3% of the time, and Jethroe 82.8% of the time. What is the probability that on any given day:
1. capm numerical exercise consider the following three assetswrite a computer program for example using matlab to
Consider now an evolutionary game where what evolves are not strategies in a one-shot game but strategies in a repeated game without discounting
The market for olive oil in new York City is controlled by 2-families, Sopranos and Contraltos. Both families will ruthlessly eliminate any other family that attempts to enter New York City olive oil market.
Calculate Harvey's choosing, selling, and buying prices (ptc, pts, and ptb respectively). Who is more loss averse: the person whose preferences we studied in class or Harvey's?
Find the matchings produced by the deferred acceptance procedure both with proposals by X's and with proposals by Y's for the preferences given in Figure.
A null hypothesis is that the average pulse rate of adults is 70. For a sample of 64 adults, the average pulse rate is 71.8. A significance test is done and the p-value is 0.02. What is the most appropriate conclusion based on α of 0.05?
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