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 33 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
Gracias!

samiel-sayed

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Men and women work the same number of hours a week, but men spend more time on paid work, and women ... Men and women work the same number of hours a week, but men spend more time on paid work, and women ...
How to count for the correct number of significant digits How to count for the correct number of significant digits
How to use the discriminant to determine the number of roots for any quadratic equation How to use the discriminant to determine the number of roots for any quadratic equation
Number Number
Number of Mutations Associated with Specific Forms of Cancer Number of Mutations Associated with Specific Forms of Cancer
The outcome of crosses involving the three types of petite mutations The outcome of crosses involving the three types of petite mutations
Video: Digestive chemicals - types & enzymes

For a complete list of videos, visit our video library