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!
Prisoner's DilemmaTo understand the prisoner’s dilemma, let’s consider a story as follows:
Two peoples are arrested for a crime. The police lack enough evidence to convict either suspect and consequently need them to give testimony against each other.
The police tell each suspect that if he testifies against the other (or does not cooperate with the other), he will be rewarded for testifying and hence will be released, provided the other suspect does not testify against him. If neither testifies, the prosecutor will be unable to prove the crime and each suspect can only receive minor sentence. If both suspects confess and testify against each other, then both will receive an intermediate prison sentence. Hence the conflict of interest, the tendency to double cross and lose the confidence of the other.
Each suspect must decide under the circumstances, whether or not to confess.
It is possible to translate such a situation in the form of a table and a payoff matrix as follows:
Payoff Table
This is an example of non-zero sum, non-cooperative game.
Use of Computer Systems in Linear Programming When a computer is to be used for linear programming there are a number of steps: (1) Development of the equations which descri
Select the cost driver(s): This might also be termed to as independent, explanatory or predictor variable. A cost driver can be stated as any factor whose change causes a chang
Determine the Distribution cost and Research cost Distribution cost: The cost of sequence of the operations which begin with making the packed product available for dispa
The emerging financial scenario has made a fierce competition among the companies to raise funds by innovative financial products by the capital and or money markets. Moreover sour
question:lease accounting implicit rate unknown,20%incremental rate leaseterm 4 years,find implicit rate using trial and error method.i know nothing about trial and error method in
Explain the Ratio analysis according to kosher A ratio is the relation of the amount a to another b expressed as the ratio of a to b; a: b (a is to b) or a as simple fraction i
Cost Analysis purposes For purposes of cost analysis, the desegregation of the generic value chain into individual value activities should reflect three principles that are not
Yolande Tzar came to Northern Ireland from Poland five years ago to study at university. After graduating she worked as a sales manager for a local company and saved her wages to b
Multi-collinearity Multiple regression analysis is based on the assumption that the independent variables are not correlated with each other, whenever the independent variables
opening stock 19000 closing stock 21000 sales 200000 gross profit 25% on sales calculate stock turnover ratio
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: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd