Answer:
Each player can adopt a T for T strategy or a trigg er strategy. It is important to state that these strategies were not possible in a one-time game.
The equilibrium is that both players answer honest and each makes normal profit.
Both games, the P risoners' dilemma and this game, have a cooperative equilibrium in the long term. If a player employs a trig ger strategy or a T for T strategy, they can reach the cooperative honesty/honesty outcome.
In a short term, game equilibrium is not likely due to lying is more profitable than answer honestly deploying stated strategies.
Reference: NomCab HSEONE. “PS8- solution.” Academia , 2019.
Answer:
The multiple choices are :
a.$8
b.$20
c.$22
d.$45
The correct option is C.$22
Explanation:
The earnings accruing to the selling group is the selling concession of $22 per $5,000 per bond.
Option A is obviously wrong as there is nothing in the questions that suggest earnings of $8 per bond for the selling group.
Option D is wrong as well because $45 per bond is the spread which is the extra yield to bondholders when compared to investment in government securities
Answer:
Business exceptions
Explanation:
Policy and standards often change as a result of business drivers. One such driver, known as business exceptions, occurs when business shifts and new systems or processes are incorporated.
Answer:
Local
Explanation:
It's local because it has to do with a town or district.
Answer:
A: 0.1475 , B: 0.3389
Explanation:
a. Probability Refrigerator purchased from store lasts more than 15 years :
Prob(refrigerator purchase from A) and Prob(refrigerator from A life > 15 years) + .........Prob(refrigerator purchase from D) and Prob(refrigerator from D life >15 years)
(0.40x0.1)+(0.25x0.20)+(0.15x0.05)+(0.20x0.25) = 0.04+0.05+0.0075+0.05 = 0.1475
b. Refrigerator last > 15 years given , Probability it is from B :
[ Prob (B Purchase) . Prob (life > 15, given from B) ] / Prob (Life > 15)
P (B/15) = [P(B).P(15/B)] / [P15] {Bayes Theorum}
= [(0.25)(0.20)] / 0.1475 = 0.05 / 0.1475
= 0.3389
