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aleksandr82 [10.1K]
4 years ago
14

Suppose that each of two prisoners has the independent choice of confessing to a crime or not confessing. Note that they cannot

communicate with each other. If neither confesses, they spend 4 years in jail; if both confess, they spend 6 years in jail; and if one confesses while the other does not, the confessor gets off with 2 years in jail while the other gets 10 years in jail. According to game theory, the likely strategy by the prisoners is:____________.

Business
1 answer:
forsale [732]4 years ago
7 0

Answer: to confess.

Explanation:

Game theory is used to determine the optimal course of action for rational individuals.

Prisoners dilemma is a form game theory that seeks to find the optimal choice for prisoners between confessing and not confessing.

The optimal choice for the prisoner in this question is to confess because if he does, he spends 6 years in jail or 2 years in jail which is better to not confessing and spending either 4 yards or 10 years in jail.

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The treasury yield curve plots the yields on treasury notes and bonds relative to the ____ of those securities.
Ulleksa [173]

Answer: Maturity

Explanation:

The treasury yield curve plots the yields on treasury notes and bonds relative to the *maturity " of the securities.

The US treasury yield curve compares the yield of short term treasury bills with that of long term treasury bill notes and bonds. In the US the treasury department issues treasury bills for terms less than one year, for terms of two, three, five and ten years. It also issue bond for 20 to 30 years.

8 0
3 years ago
Read 2 more answers
Marriott Rewards customers earn points whenever they stay at any Marriott property. Louis is in this program, and he travels qui
MrRissso [65]

Answer: Option A      

                                       

Explanation: In simple words,  relationship marketing refers to the strategy under which an organisation tries several practices to foster positive relationship with the customers. These activities are designed to keep hearty relationships which will ultimately lead to strong and stable customer base.

In the given case, Marriott is rewarding their regular customers by providing them with special services and attention. Thus, we can conclude that the given case depicts relationship marketing.

5 0
3 years ago
Problem 8-15 Nonconstant Growth [LO1] Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the st
ddd [48]

Answer:

$84.14

Explanation:

P9 = Nest dividend (D10) / Required rate (r) - Growth rate (g)

P9 = $14 / 12% - 6%

P9 = $14 / 0.06

P9 = $233.33

P0 = P9 / (1+Required rate of return)^9

P0 = $233.33/(1+0.12)^9

P0 = $233.33/2.7731

P0 = $84.1404926

P0 = $84.14

So, the current share price is $84.14

7 0
3 years ago
Leasing companies purchase capital equipment, like airplanes or trucks, and then lease the equipment to the firms that actually
trasher [3.6K]

Explanation:

the reason the leasing company is losing money is because the people in sales are paid their commission for every equipment not regarding the amount of profit that was made. This brought about leasing of so many equipments as they could without thinking if it would have a positive or negative impact on the company. they could lease as many equipments as they could because they were charging low rates to leasing companies.

2. How do we fix this situation and turn the company to a profitable one

The company can fix this by figuring out a much better way to pay incentives to the people in sales. Incentives should be paid out of the profits of the business in such a way that if the lease rate is reduced the performance of those in sales is reduced also.

3 0
3 years ago
What is the best way to overcome imagined risks?
Eduardwww [97]
Dont think negative, think positive
4 0
3 years ago
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