This topic contains a solution. Click here to go to the answer

Author Question: If you take a maximin strategy A) you are irrational according to economic definition. B) you ... (Read 64 times)

ARLKQ

  • Hero Member
  • *****
  • Posts: 571
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?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Sweetkitty24130

  • Sr. Member
  • ****
  • Posts: 291
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.





 

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

For a complete list of videos, visit our video library