1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
pochemuha
3 years ago
9

The prisoner's dilemma game illustrates rational decisions made by individuals which lead to a jointly efficient outcome.

Business
1 answer:
ad-work [718]3 years ago
8 0
The statement that "<span>The prisoner's dilemma game illustrates rational decisions made by individuals which lead to a jointly efficient outcome" is false.

</span><span>The prisoner's dilemma is a standard example of a game analyzed in game theory that shows why two completely "rational" individuals might not cooperate, even if it appears that it is in their best interests to do so.</span>
You might be interested in
LO 1.3Briefly discuss the chain of command for someone being hired into an organization as a staff managerial accountant.
grin007 [14]

Answer:

A staff managerial accountant is part of the mid-level accounting management.

The top position in the chain of command is the Chief Financial Officer, who is in charge of all financial matters within the firm, especially of presenting accurate financial information at the end of the accounting year to management, stockholders, and potential investors.

Directly below him is the controller, an important position in charge of reporting financial statements during the year, and helping gather information for auditors during external audtis.

Below a staff managerial accountant would be lower level accounting who are in charge of bookeeping on a daily basis.

3 0
3 years ago
If a country were to place a limit on the number of cars that could be imported in a year, it would be an example of what kind o
gizmo_the_mogwai [7]
Subsidy imported. trade regulation
6 0
3 years ago
Clarence used to work as a doctor in a federal government hospital. After retiring, he started a private clinic to continue prac
Masteriza [31]

Answer:

self-actualization

Explanation:

The answer is deeply related to "Maslows Hierarchy of Needs."

Abraham Harold Maslow is a popular American psychologist who introduced a motivational theory consisting of five stages in relation to the<em> deficiency needs and growth needs of humans.</em>

Everything starts with the deficiency needs.<u> It is very important to satisfy this need in order to engage into the growth needs.</u> For example, a boy is very thirsty. If that need will not be met, the boy will continuously crave for water. On the contrary, if this is met immediately, the boy will aim to grow as a person. This is what you call the growth needs.

This needs are presented in a pyramid.

From top to bottom:

1. Self-actualization

2. Self-esteem Needs

3. Love or Belongingness Needs

4. Safety Needs

5. Physiological Needs

It is ideal for a person to progress from Physiological Needs to Self-actualization, but it doesn't mean every stage is always met. Sometimes, fluctuations occur depending on the situation.

Regarding Clarence's case above. It was stated that he already worked as a doctor in a federal government. This means that he has already satisfied his self-esteem needs and the other needs below. Becoming a doctor is a prestige and a feeling of accomplishment. This can be found on the <u>Self-Esteem Needs </u>stage. In addition to this, <em>Clarence already reached his full potential and is seeking for personal growth and independence. </em>This is backed by the statement above that he opened a private clinic to continue his practice. This means he is already on the self-actualization stage of the hierarchy. 

6 0
3 years ago
A company recently announced that it would be going public. The usual suspects, Morgan Stanley, JPMorgan Chase, and Goldman Sach
Deffense [45]

Answer:

$42.5 billion

Explanation:

the expected value formula = ∑ (valueₙ x probabilityₙ)

expected value = (low value x probability of low value) + (most likely value x probability of most likely value) + (high value x probability of high value)

= ($5 billion x 20%) + ($45 billion x 70%) + ($100 billion x 10%) = $1 billion + $31.5 billion + $10 billion = $42.5 billion

8 0
3 years ago
What is global economy
AURORKA [14]

The term “Global Economy” is a term that refers to all of the economies of the world.

Sometimes this phrase is also used to discuss the international economy, or all economies around the world, and refers to how interdependent different countries economies are on each other.

7 0
3 years ago
Other questions:
  • Unemployment rates have been higher in many european countries in recent decades than in the united states. is the main reason f
    5·1 answer
  • Overnight loans from one bank to another for reserve purposes entail an interest rate called the
    6·1 answer
  • A. Bank A offers a CD rate of 7% for 5 years.
    12·1 answer
  • Delia files a suit against Eduardo in a Florida state court over the ownership of a boat docked in a Florida harbor. Both Delia
    9·1 answer
  • The following selected transactions were completed by Coat Delivery Service durning July: 1. Received cash in exchange for commo
    10·1 answer
  • Music is effective at gaining a viewer's attention:a) and increases the retention of information in the ad b) and increasing the
    9·2 answers
  • Many demographers predict that the United States will have zero population growth in the twenty-first century, in contrast to av
    6·1 answer
  • The cross-price elasticity of demand measures the percentage change in quantity of a good demanded when the price of a different
    10·1 answer
  • Highly anxious drivers have significantly longer_____ Times as tasks increased in difficulty
    6·1 answer
  • hat type of company is required by the sarbanes-oxley act to have a code of ethics available to all employees?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!