Business, 04.07.2020 20:01 krystinayagel013
Consider 2 player game that repeats the following stage game T times: Player 1 Player 2 L R U 3; 3 0; 5 D 5; 1 2; 2A) What is the unique sub-game perfect Nash equilibrium of this nitely repeated game? Now let's slightly relax the assumption of mutual rationality and see what happens. Say that player 1 believes that player 2 will play according to the strategy you found for them in a) with probability 9 10 , but that with probability 1, 10 player 2 will follow a `grim strategy'. Player 1 is considering two options. The rst is to play her own grim strategy until the last period and then play D in the last period. The second is to play according to the SPNE strategy. B) Find the smallest T such that player 1 prefers the rst option rather than the second. Explain the intuition for why the length of the game matters. C) If the payo in the case (U;L) had been (4; 4), how would you expect your answer to b) to change and why?
Answers: 2
Business, 22.06.2019 17:50
Which of the following is an element of inventory holding costs? a. material handling costs b. investment costs c. housing costs d. pilferage, scrap, and obsolescence e. all of the above are elements of inventory holding costs.
Answers: 1
Business, 22.06.2019 23:30
Miller company’s most recent contribution format income statement is shown below: total per unit sales (20,000 units) $300,000 $15.00 variable expenses 180,000 9.00 contribution margin 120,000 $6.00 fixed expenses 70,000 net operating income $ 50,000 required: prepare a new contribution format income statement under each of the following conditions (consider each case independently): (do not round intermediate calculations. round your "per unit" answers to 2 decimal places.) 1. the number of units sold increases by 15%.
Answers: 1
Business, 22.06.2019 23:40
Gif the federal reserve did not regulate fiscal policy, monitor banks and provide services for banks, what would most likely be the economic conditions to transact business in the u.s.? the economy would primarily be based on a barter system rather than a fiat system. there would be no discrimination in lending by local banks. the economy would be less efficient and transactions most likely more costly.
Answers: 1
Consider 2 player game that repeats the following stage game T times: Player 1 Player 2 L R U 3; 3 0...
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