Was able to prove that the federal government had the power to over rule
the state law. This allowed Gibbons to use the waters through New York
for Commerce. Ogden originally was the only one with the license which
made it a monopoly. Once it crossed state lines it conflicted with
federal law, specifically the Article 1 Section 8 of the constitution
that Congress had exclusive national power over interstate commerce.
This is what Gibbon's lawyer used as his defense.
The purpose<span> of a </span>fable is to<span> teach a lesson about a human weakness or folly</span>
Answer:
Explanation:
In game theory, the game of centipede (or centipede), first introduced by Rosenthal in 1981, is an extended form game in which two players take turns choosing between taking a payoff, which grows as it does not you choose to acquire it, and thus end the game, or pass the choice to another player.
The payoffs are however arranged in such a way that if one passes the choice to the opponent and the opponent chooses the payoff in his turn, the player who had passed receives a slightly lower payoff than he would have taken if he had finished the game in his round.
The only perfect Nash balance in the subgames (and every Nash balance) of this game indicates that player 1 should take the payoff in the first game round and leave player 2 with his mouth dry; however, by testing the game empirically, few players do, and as a result they get a higher payoff than expected in the balance analysis.
These results show how a game's solutions represented by the perfect Nash equilibrium in subgames and the Nash equilibrium cannot predict how people play in some circumstances.
The game of centipede is commonly used in introductory courses in game theory to highlight the concept of backward induction and the iterated elimination of dominated strategies, which constitute
Being located in the very middle of Indus River and the Ghaggar-Hakra River, this city had a perfect location in between two major river routes. The city was one of the largest urban centers of the Harappan civilization. Its location allowed it control over the commerce that inevitably used these rivers to transport goods in the region. Also, it provided the city with a source of fresh water and since back then the ridge where the city was located was elevated over the river to avoid its flooding, the location was both located at an important crossroads of river navigation but also protected from natural elements. Thus, it was a hub of commerce, art and a complex social organization.