[PDF] Top 20 Midterm12 Solution 最近の更新履歴 yyasuda's website

... Select a subway station in Tokyo, and write down its name. You should NOT write more than one name. If you will successfully choose the most popular answer, you would get 4 points. Oth[r] ... 完全なドキュメントを参照

... 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 ... 完全なドキュメントを参照

... (b) If consumer’s choice satis…es the weak axiom of revealed preferences, we can always construct a utility function which is consistent with such choice behav- iour. (c) If a consumer problem has a ... 完全なドキュメントを参照

...  Exist exactly one for ANY exchange problem.  Always Pareto efficient and individually rational[r] ... 完全なドキュメントを参照

... Paul Romer (1955-, 内生的成長理論) → 学界から消えた！？ Ben Bernanke (1953-, マクロ、金融) → FRB議長を辞めたのは好材料？ Douglas Diamond (1953-, 銀行取付) → 金融は無い？ 清滝信宏 (1955-, マクロ、金融) → まだ早い ... 完全なドキュメントを参照

... 2 units of the firm 1’s good and A − p 2 + p 1 2 units of the firm 2’s good. Assume that the firms have identical (and constant) marginal costs c(< A), and the payoff for each firm is equal to the ... 完全なドキュメントを参照

... Q = K 1 =4 L 1 =8 Then, answer the following questions. (a) In the short run, the …rm is committed to hire a …xed amount of capital K(+1), and can vary its output Q only by employing an appropriate amount of labor L . ... 完全なドキュメントを参照

... 3(a - e)/4, is greater than aggregate quantity in the Nash equilib- rium of the Cournot game, 2(a - e)/3, so the market-clearing price is lower in the Stackelberg game.. Thus, i[r] ... 完全なドキュメントを参照

... Introduction to Market Design and its Applications to School Choice.. Yosuke YASUDA.[r] ... 完全なドキュメントを参照

... Two neighboring homeowners, 1 and 2, simultaneously choose how many hours to spend maintaining a beautiful lawn (denoted by l 1 and l 2 ). Since the appearance of one’s property depends in part on the beauty of ... 完全なドキュメントを参照

... Substituting into p+q = 3=4, we achieve q = 1=2. Since the game is symmetric, we can derive exactly the same result for Player 1’s mixed action as well. Therefore, we get the mixed-strategy Nash equilibrium: both ... 完全なドキュメントを参照

...  If the stage game has a unique NE, then for any T , the finitely repeated game has a unique SPNE: the NE of the stage game is played in every stage irrespective of the histor[r] ... 完全なドキュメントを参照

...  A tree starts with the initial node and ends at.. terminal nodes where payoffs are specified..[r] ... 完全なドキュメントを参照

... The main theorem shows that the condition that a schools’ priority profile ≻ C has a common priority order for every type t ∈ T is sufficient for the existence of feasible assignments which are both fair and ... 完全なドキュメントを参照

... (a) If an agent is risk averse, her risk premium is ALWAYS positive. (b) When every player has a (strictly) dominant strategy, the strategy profile that consists of each player’s dominant strategy MUST be a Nash ... 完全なドキュメントを参照

... elimination of strictly dominated strategies can never be selected (with positive probability) in a mixed-strategy Nash equilibrium.[r] ... 完全なドキュメントを参照

... e z . The prices of the three goods are given by (p, q, 1) and the consumer’s wealth is given by ω. (a) Formulate the utility maximization problem of this consumer. (b) Note that this consumer’s preference ... 完全なドキュメントを参照

... Find (all) pure‐strategy Nash equilibrium if it exists. iii.[r] ... 完全なドキュメントを参照

... 5. Bayesian Nash Equilibrium (12 points) There are three different bills, $5, $10, and $20. Two individuals randomly receive one bill each. The (ex ante) probability of an individual receiving each bill is  ... 完全なドキュメントを参照

... (c) Solve for the total saving S by all types who save and the total borrowing B.. by all types who borrow.[r] ... 完全なドキュメントを参照