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 55 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
Great answer, keep it coming :)

frankwu0507

  • Member
  • Posts: 322
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

A comparison of gradualism and punctuated equilibrium. A comparison of gradualism and punctuated equilibrium.
A society’s dominant ideologies are reinforced throughout the society, including its literature. ... A society’s dominant ideologies are reinforced throughout the society, including its literature. ...
Kinesthesis and Equilibrium Kinesthesis and Equilibrium
A very light ideal spring stretches by when it is used to hang a 135-N object. What is the ... A very light ideal spring stretches by when it is used to hang a 135-N object. What is the ...
A basic strategy for producing a knockout mouse A basic strategy for producing a knockout mouse
Polydactyly is an autosomal dominant trait with incomplete penetrance Polydactyly is an autosomal dominant trait with incomplete penetrance
Video: The Nerve Impulse

For a complete list of videos, visit our video library