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

Author Question: What is a dominant strategy equilibrium? What will be an ideal ... (Read 62 times)

silviawilliams41

  • Hero Member
  • *****
  • Posts: 560
on: Jun 29, 2018
What is a dominant strategy equilibrium?
 
  What will be an ideal response?

Question 2

Because ________ in the government budget deficit increase the real interest rate, budget deficits can ________ firm investment.
 
  A) decreases; increase B) increases; decrease
  C) decreases; decrease D) increases; increase


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
Reply #1 on: Jun 29, 2018
Answer to Question 1

When a player has the same best response to every possible strategy of the other players, then we say that the player has a dominant strategy. A combination of strategies is a dominant strategy equilibrium if each strategy is a dominant strategy.

Answer to Question 2

B


silviawilliams41

  • Member
  • Posts: 560
Reply 2 on: Jun 29, 2018
Wow, this really help

zacnyjessica

  • Member
  • Posts: 345
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Dominant piebald spotting Dominant piebald spotting
Using concept maps as a learning strategy Using concept maps as a learning strategy
The Number of Children Americans Think Are Ideal The Number of Children Americans Think Are Ideal
Kinesthesis and Equilibrium with skating Kinesthesis and Equilibrium with skating
If CP for an ideal gas is 35.4 J/molK, which of the following is CV for this gas? If CP for an ideal gas is 35.4 J/molK, which of the following is CV for this gas?
Homozygous or heterozygous for the dominant trait? Homozygous or heterozygous for the dominant trait?
Video: Audiology

For a complete list of videos, visit our video library