トップPDF Lec2 15 最近の更新履歴 yyasuda's website
Lec2 15 最近の更新履歴 yyasuda's website
... A bargaining situation is described by a tuple hX, D, % 1 , % 2 i: X is a set of possible agreements: a set of possible consequences that the two players can jointly achieve. D ∈ X is the disagreement outcome: the ...
11
Final2 14 最近の更新履歴 yyasuda's website
... are differentiated. After the prices are set, consumers demand 24 − p i + p j 2 units (i 6= j, i = 1, 2) of the good that firm i produces. Assume that each firm’s marginal cost is 6, and the payoff ...
2
Final2 12 最近の更新履歴 yyasuda's website
... (a) Write the payoff functions π 1 and π 2 (as a function of p 1 and p 2 ). (b) Derive the best response functions and solve the pure-strategy Nash equilib- rium of this game. (c) Derive the prices (p 1 , p ...
2
Final2 13 最近の更新履歴 yyasuda's website
... Hint: Your answers in (a) – (c) may change depending on the value of θ. 4. Duopoly (20 points) Consider a duopoly game in which two firms, denoted by firm 1 and firm 2, simul- taneously and independently select ...
3
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 ...
2
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 ...
16
PQ2 2 最近の更新履歴 yyasuda's website
... Solve the following problems in Snyder and Nicholson (11th):. 1.[r] ...
1
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 ...
2
Final2 11 最近の更新履歴 yyasuda's website
... (d) The perfect Bayesian equilibrium puts NO restriction on beliefs at information sets that are not reached in equilibrium. (e) In the simple moral hazard problem we studied in class, the optimal wage (= s( )) is ...
3
Lec2 12 最近の更新履歴 yyasuda's website
... Each player’s strategy specifies optimal actions given her beliefs and the strategies of the other players, and The beliefs are consistent with Bayes’ rule wherever possible. If (4) is not required, the ...
12
Final2 08 最近の更新履歴 yyasuda's website
... 4. Simultaneous Game (20 points, moderate) Suppose three cafe chain companies, i = 1; 2; 3, are considering to open new shops near the Roppongi cross (Each company opens at most one shop). They make the decision ...
2
Lec2 13 最近の更新履歴 yyasuda's website
... Proof Sketch (2): Existence of Pivotal Voter Lemma 3 (Existence of Pivotal Voter) There is a voter n ∗ = n(b) who is extremely pivotal in the sense that by changing his vote at some profile he can move b from the ...
13
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 ...
2
EX2 2 最近の更新履歴 yyasuda's website
... Solve the following problems in Snyder and Nicholson (11th):. 1.[r] ...
1
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 ...
2
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 (= ...
2
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 ...
2
EX2 2 最近の更新履歴 yyasuda's website
... Solve the following problems in Snyder and Nicholson (11th):. 1.[r] ...
1
PS2 最近の更新履歴 yyasuda's website
... Problem Set 2: Posted on November 4 Advanced Microeconomics I (Fall, 1st, 2014) 1. Question 1 (7 points) A real-valued function f (x) is called homothetic if f (x) = g(h(x)) where g : R → R is a strictly ...
1
PQ2 最近の更新履歴 yyasuda's website
... Solve the following problems in Snyder and Nicholson (11th):. 1.[r] ...
1
