Why is game theory considered to be important
Explain briefly how it works and its applications in real life? Last, why is game theory considered to be important in the field of microeconomics? Take the Nash equilibrium as an example of game theory.
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Discuss how do market incentives and disincentives led to the growth or the eradication of poverty? Explain how is poverty measured? What seems to be the best way to life people out of poverty?
Discuss why the US uses the SEC and the FTC to promote the competition in the market. Calculates the costs and benefits of such governmental agencies? In your opinion, are they worth the costs for the perceived benefits that they provide?
Explain why are American public schools deemed to be inefficient? How do vouchers attempt to correct disincentives while also providing the incentives for fixing some of American public school problems?
Discuss how does China's export-driven economy affect consumer spending in the United States? Explain what products face steep competition from East Asian imported goods? How has American consumer spending the shifted due to an influx of such imp
Briefly describe the economic costs and benefits to how the American government combats crime. Cite examples of the pros and cons. If United States is a free society, would it incarcerate a very large proportion of the population?
Derive an expression for the method-of-moments estimator of N, in terms of A, n, and X. Now suppose that the family captures 10 goldfish in the first sample and 12 goldfish in the second sample, of which 5 had been marked.
Compute all code words for binary messages of length 4 by appending three check digits using the parity-check sums a2 + a3 + a4, a2 + a4, and a1 + a2 + a3. Will this code correct any si
Find out and explain the 3 pro-market and 3 anti-march market-oriented policies presented by the Obama administration.
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