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Author Question: If you take a maximin strategy A) you are irrational according to economic definition. B) you ... (Read 89 times)

ARLKQ

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on: Jul 1, 2018
If you take a maximin strategy
 
  A) you are irrational according to economic definition.
  B) you are ensuring that the other player gets the worst possible outcome.
  C) you are getting the best possible outcome given that the other player does the thing that's worst for you.
  D) then both players are doing the best they can given the payoffs in the game.

Question 2

A government policy that makes investments prior to retirement tax exempt until retirement increases the amount saved at any given interest rate.
 
  What will be an ideal response?


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Sweetkitty24130

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Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

True. Allowing investors to earn interest on the amount owed in taxes will shift out the supply curve of funds.


ARLKQ

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Reply #2 on: Jul 1, 2018
Thank you


Sweetkitty24130

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Reply #3 on: Jul 1, 2018
No problemo


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