Author Question: Schelling claims that communication may interfere with efficiency because __________. a. ... (Read 34 times)

B · **on:** Sep 4, 2018

Schelling claims that communication may interfere with efficiency because __________.

a. strategic communication invariably involves deception
b. it goes against the basic assumptions of game theory
c. communication increases the chances of misperception
d. it increases the number of options available to relevant parties

Question 2

What is the superstar effect?

a. In today's markets a small number of people reap disproportionate rewards.
b. More and more companies are controlled by a single person.
c. Economic power is being concentrated in the hands of a very small number of individual businessmen.
d. Functionless figureheads are becoming increasingly prevalent in the largest corporations.