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

Author Question: If you take a maximin strategy A) you are irrational according to economic definition. B) you ... (Read 106 times)

ARLKQ

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


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: 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

  • Hero Member
  • *****
  • Posts: 571
Reply #2 on: Jul 1, 2018
Thank you


Sweetkitty24130

  • Sr. Member
  • ****
  • Posts: 291
Reply #3 on: Jul 1, 2018
No problemo


« previous next »
 

Did you know?

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

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

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.

Primatologist Volker Sommer and his colleagues showed that langur infanticide had adaptive value and Primatologist Volker Sommer and his colleagues showed that langur infanticide had adaptive value and
Economic recession in 2008 saw a small decrease in demand Economic recession in 2008 saw a small decrease in demand
economic question economic question
economic question economic question
economic question economic question
economic question economic question
Video: Regulation of GFR: autoregulation via tubuloglomerular feedback, neural & hormonal regulation

For a complete list of videos, visit our video library