This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The Stackelberg outcome differs from the Cournot equilibrium because: a. the games involve ... (Read 45 times)

ts19998

  • Hero Member
  • *****
  • Posts: 531
on: Jul 1, 2018
The Stackelberg outcome differs from the Cournot equilibrium because:
 a. the games involve different strategic variables.
  b. the first mover can commit to an output off its best-response function.
  c. quantity supplied is not equal to quantity demanded at the prevailing price.
  d. it's not a perfectly competitive outcome.

Question 2

An example of moral hazard is
 a. workers shirking when the boss is not looking
  b. health care insured dieting and exercising
  c. drivers of safer cars turning their phones off before driving
  d. borrowers investing their loan proceeds exactly as the bank requires


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ddddd

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

a


ts19998

  • Member
  • Posts: 531
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

laurnthompson

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Kinesthesis and Equilibrium Kinesthesis and Equilibrium
What is the value of the equilibrium constant, K, at 25°C for the reaction? What is the value of the equilibrium constant, K, at 25°C for the reaction?
The dissociation equilibrium constants for the protonated form of alanine (a diprotic amino ... The dissociation equilibrium constants for the protonated form of alanine (a diprotic amino ...
Write equilibrium constant expressions for the following reactions in terms of concentration: Write equilibrium constant expressions for the following reactions in terms of concentration:
Which outcome corresponds to the reaction:H3AsO4 + 3 OH- → 3 H2O + AsO43-? Which outcome corresponds to the reaction:H3AsO4 + 3 OH- → 3 H2O + AsO43-?
The Hardy–Weinberg equilibrium for autosomal genes The Hardy–Weinberg equilibrium for autosomal genes
Video: Net filtration pressure and lymph formation, edema & blood velocity

For a complete list of videos, visit our video library