トップPDF Final2 08 最近の更新履歴 yyasuda's website
Final2 08 最近の更新履歴 yyasuda's website
... Suppose you are on the admission committee of the CRIPS, and must decide the minimum acceptance score of the entrance examination. There are two kinds of students, excellent and geniuses. All students would like to be ...
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Final2 14 最近の更新履歴 yyasuda's website
... 4. Auctions (30 points) Suppose that the government auctions one block of radio spectrum to two risk neu- tral mobile phone companies, i = 1, 2. The companies submit bids simultaneously, and the company with ...
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Midterm2 14 最近の更新履歴 yyasuda's website
... Three firms (1, 2 and 3) put three items on the market and can advertise these products either on morning (= M ) or evening TV (= E). A firm advertises exactly once per day. If more than one firm advertises at the ...
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Lec2 15 最近の更新履歴 yyasuda's website
... However, it is difficult to assess how reasonable some axioms are without having in mind a specific bargaining procedure. In particular, IIA and PAR are hard to defend in the abstract. Unless we can find a sensible ...
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Lec2 14 最近の更新履歴 yyasuda's website
... where u i (x, θ i ) is the money-equivalent value of alternative x ∈ X. This assumes the case of private values in which player i’s payoff does not depend directly on other players’ types. If it does, then it is ...
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PQ2 2 最近の更新履歴 yyasuda's website
... Solve the following problems in Snyder and Nicholson (11th):. 1.[r] ...
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PS2 2 最近の更新履歴 yyasuda's website
... (a) Find a Bayesian Nash equilibrium of the game in pure strategies in which each player i accepts an exchange if and only if the value v i does not exceed some threshold θ i (b) How would your answer to (a) change if ...
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EX2 2 最近の更新履歴 yyasuda's website
... Solve the following problems in Snyder and Nicholson (11th):. 1.[r] ...
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EX2 2 最近の更新履歴 yyasuda's website
... Solve the following problems in Snyder and Nicholson (11th):. 1.[r] ...
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Lec2 2 最近の更新履歴 yyasuda's website
... Proof of Pratt’s Theorem (1) Sketch of the Proof. To establish (i) ⇔ (iii), it is enough to show that P is positively related to r. Let ε be a “small” random variable with expectation of zero, i.e., E(ε) = 0. The ...
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Final2 13 最近の更新履歴 yyasuda's website
... (e) The social welfare function introduced by Arrow is to derive social UTILITY by adding up individual utilities. 2. Externalities (25 points) Consider a one-consumer, one-firm economy (or equiv- alently an ...
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Midterm2 10 最近の更新履歴 yyasuda's website
... (d) What is the Nash equilibrium of this game? 4. Mixed Strategy (15 points) Three …rms (1, 2 and 3) put three items on the market and can advertise these products either on morning (= M ) or evening TV (= E). A ...
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Lec2 13 最近の更新履歴 yyasuda's website
... mechanism to make social choices should not depend on society’s members holding any particular sorts of views. WP is very straightforward, and one that economists, at least, are quite comfortable with. It says ...
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PS2 1 最近の更新履歴 yyasuda's website
... Explain. (b) Show that any risk averse decision maker whose preference satisfies indepen- dence axiom must prefer L 2 to L 3 . 3. Question 3 (4 points) Suppose a monopolist with constant marginal costs prac- tices ...
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Final2 10 最近の更新履歴 yyasuda's website
... object for each buyer is independently and uniformly distributed between 0 and 1. (a) Suppose that buyer 2 takes a linear strategy, b 2 = v 2 . Then, derive the probability such that buyer 1 wins as ...
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最近の更新履歴 yyasuda's website
... player 2 must be indi¤erent amongst choosing X and Y , which implies 4q + 6(1 q) = 7(1 q) , 5q = 1 , q = ...player 2 takes X with probability 3=4 (and Y with probability ...
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Final2 11 最近の更新履歴 yyasuda's website
... 5. Bayesian Game (20 points) There are 10 envelopes and each of them contains a number 1 through 10. That is, one envelope contains 1, another envelope contains 2, and so on; these numbers cannot be observable ...
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Final2 12 最近の更新履歴 yyasuda's website
... 3. Auction (9 points) Consider a “common-value auction” with two players, where the value of the object being auctioned is identical for both players. Call this value V and suppose that V = v 1 + v 2 , where v i ...
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EX2 最近の更新履歴 yyasuda's website
... Solve the following problems in Snyder and Nicholson (11th):. 1.[r] ...
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PQ2 最近の更新履歴 yyasuda's website
... Solve the following problems in Snyder and Nicholson (11th):. 1.[r] ...
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