Business, 08.04.2021 21:30 ashiteru123
Consider a committee consisting of a Chair and 4 other members. Any measure before the committee can be approved with the support of a majority (3) of the regular members. Only in the event of a tie among the members does the Chair vote. Modeling this as a cooperative game, v, in which v(S)=1 if S (with or without the Chair) can pass a measure and v(S)=0 otherwise, find the Shapley value of the game and interpret it as a measure of the power of the members and of the Chair. Contrast your answer to the case in which the committee has 5 regular members. (Hint: For each person, determine how many cases are there in which that person’s marginal contribution to those preceding it is 1.)
Answers: 3
Business, 21.06.2019 23:00
How supply and demand work together to reach the equilibrium price in the marketplace? give at least a paragraph. you!
Answers: 3
Business, 21.06.2019 23:30
Martha is the head of the accounts department in a small manufacturing company. the company follows the accrual-basis method of accounting. it recently purchased raw materials worth $5,000 from its vendors. however, the company paid only $3,000 to its vendors. it plans to pay the remaining amount after three months. considering this information, which entry should martha record in the company’s accounts? a. $5,000 as accounts receivable b. $3,000 as accounts payable c. $2,000 as accounts payable d. $2,000 as accounts receivable
Answers: 3
Business, 22.06.2019 00:50
Suppose that: 1. malaysia requires 1 hour of labor to produce 1 pound of rice and 2 hours of labor to produce 1 pencil; 2. indonesia requires 2 hours of labor to produce 1 pound of rice and 4 hours of labor to produce 1 pencil; 3. each country has 10,000 hours of labor to allocate between the production of rice and pencils; and 4. in autarky, malaysia consumes 5,000 pounds of rice and 2,500 pencils. which country has an absolute advantage in rice production? in pencil production? which country has a comparative advantage in rice production? in pencil production? will trade between the two countries be mutually beneficial?
Answers: 1
Consider a committee consisting of a Chair and 4 other members. Any measure before the committee can...
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