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prove that every trembling-hand perfect equilibrium for the agent normal form is sequential show by example that the
fix a strategy 1r for an extensive form game and beliefs micro that are consistent with 1r in the sense of
in the discussion of noisy observables in section 143 we proposed in passing the following sort of model for repeated
consider the following incomplete information variation on the rushy binstein model two players are bargaining
1 consider two firms one of which is the sole producer of a factor input that is used solely by the second the producer
you as the employer are risk neutral you seek to maximize your net profit from these two workersa suppose that you
one firm is owner managed the quantity decision for this firm is made by the owner who retains any profits this owner
to test your understanding of the model in section 162 consider the following reparameterization the reservation
consider an individual who owns a warehouse that is subject to a fire danger suppose that the warehouse if it
at the start of this chapter we used greshamamp39s law to motivate akerlofamp39s lemons model and problems of adverse
we have now discussed problems of adverse selection and problems of moral hazard in this problem you may tn your
besides education as a signal the other classic application of these ideas is the insurance market the following
consider middotthe following game form representation of worker selection from a menu of contracts the number of firms
consider the model of job market signaling explored more specifically consider the mode of analysis that is attributed
recall the lemons problem at the start of the chapter some used cars are peaches worth 3000 to buyers and 2500 to
if the government knew the costs of the two firms it could get its hundred units at a costof 100 with probability 12
we considered a large manufacturing moshy nopolist selling to individual retailing monopolists recall that in one
a suppose that firms in this industry maximize their sales revenue taking prices as given subject to constraint that
case study analysispersonal video recorders pvrs personal video recorders pvrs are digital video recorders used to
1 there are three types of plate boundaries divergent is one of them explain each plate boundary and give specific
let the stock of government debt at time t be denoted by the stock of government debt evolves according to the
assignmentgeneral instructions please provide your answers to the following in the spaces provided and then upload your
question 1compare and contrast business environments in 2 or more countries of your choice one country should be your
1 conduct an opportunities and threats analysis on a named bookseller that operates high-street outlets3 evaluate the
1 to what extent is it true that population trends can be predicted with certainty2 lsquoeconomists predict that