How many of you have seen Will Smith's movie, I am Legend? The premise of the movie was that a scientist found a cure for cancer, and she inoculated the world with her cure. The cure was a virus-based vaccine, which the injected virus kills the cancer virus. The following is a warning for those of you who have not seen the movie, as the next sentences may contain spoilers. The vaccine killed 97% of the world's population (or something close to that) and the people that were left behind, 2% part of them turn into day fearing cannibals (like vampires). The other 1% were fine, as they were immune to the vaccine that mutated into a virus that turned people in day fearing cannibals, but they were forced to live in fear of the cannibals. The point that I am trying to make from this movie is what if some drug company claimed they have found the cure for cancer and people began to line up for it? What if the premise to this movie were to become reality? Yes, this is me being a conspiracy theorist at its best! However, the topic does make you stop and think, critically, I hope.

In our daily interactions we can find ourselves listening to other people solely for the purpose of finding weakness in their positions so that we can formulate a convincing response. select one: true false

Evaluate a real situation between two economic actors; it could be any scenario: two competing businesses, two countries in negotiations, two kids trading baseball cards, you and another person involved in an exchange or anything else. use game theory to analyze the situation and the outcome (or potential outcome). be sure to explain the incentives, benefits and risks each face.

David burdick is the ceo of acme bubblegum, a successful public company. as one of the cofounders of the company, burdick has enjoyed speaking and writing about the success of acme bubblegum for several years. typically, he speaks at conferences or directly to the press, but recently, he has been blogging about his firm anonymously. specifically, he defended a recent advertising campaign that was unpopular among consumers and pointedly attacked one of acme bubblegum’s competitors. burdick deeply enjoys his anonymous blogging and believes that none of his readers actually know that he works for acme bubblegum.should burdick be allowed to praise his company’s performance anonymously online? should he be allowed to attack his competitors without disclosing his relationship with the company? how would you feel if the ceo of a company at which you shopped was secretly writing criticisms of his or her competition? how would you feel if you knew a writer for your favorite blog was actually closely involved in a company that the blog discussed? 1. define the ethical issue? 2. who are the primary stakeholders? 3. what are the possible alternatives? 4. how could you evaluate the ethical implications of the alternative actions (use appropriate decision rules)? 5. what action would you recommend and why?