MicroStuff is a software company that sells two popular applications, WordStuff and ExcelStuff. September 2, 2021 Read More »
Discuss the reasons that a firm might wish to employ the tournament scheme described above. Consider the effects on the incentives of both the firm and the workers September 2, 2021 Read More »
Consider a game between a union and the company that employs the union membership. September 2, 2021 Read More »
In this exercise, we provide a couple examples of the successful use of brinkmanship, where “success” is indicative of the two sides’ reaching a mutually acceptable deal. September 2, 2021 Read More »
Incorporate this change in payoff into a game tree similar to the one in Figure 14.4. September 2, 2021 Read More »
Consider a vote being taken by three roommates, A, B, and C, who share a triple dorm room. September 2, 2021 Read More »