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

Author Question: In the beauty contest where players predict the outcome of players choosing a number between 0 and ... (Read 30 times)

charchew

  • Hero Member
  • *****
  • Posts: 579
on: Jul 1, 2018
In the beauty contest where players predict the outcome of players choosing a number between 0 and 100
 
  A) the Nash equilibrium is 0.
  B) your prediction should be based on what you think the winning number will be.
  C) the Nash equilibrium is 33.
  D) there is no Nash equilibrium because people are not rational.

Question 2

During the 1980s, assets in the Social Security system fell so low they covered less than two months o f benefit payments.
 
  a. True b. False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kristenb95

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

a


charchew

  • Member
  • Posts: 579
Reply 2 on: Jul 1, 2018
Excellent

fatboyy09

  • Member
  • Posts: 358
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Spring Beauty Spring Beauty
Changes in chromosome number Changes in chromosome number
The minimum number of moles of oxygen needed to completely consume 4 moles of C3H8O is ... The minimum number of moles of oxygen needed to completely consume 4 moles of C3H8O is ...
Human Diseases Associated with Copy Number Variants Human Diseases Associated with Copy Number Variants
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 outcome of a mating between individuals heterozygous at two genes determining their ABO blood ty The outcome of a mating between individuals heterozygous at two genes determining their ABO blood ty
Video: Membrane Protein and Facilitated Transport (Passive Vs Active)

For a complete list of videos, visit our video library