Question:- Find the Nash and the Kalai-Smorodinsky bargaining solutions for N = {1, 2, 3}, d1 = 0, d2 = 10, d3 = 10, and M = 80, assuming all players are risk-neutral.
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Question:-
Find the Nash and the Kalai-Smorodinsky bargaining solutions for N = {1, 2, 3}, d1 = 0, d2 = 10, d3 = 10, and M = 80, assuming all players are risk-neutral.
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- 1. Suppose a senior is choosing classes and must select from a set of equal value classes needed for graduation There are 15 classes, all offered at different times. The student must take 5 classes to graduate. a. How many possible course schedules can the student choose? b. Suppose another student in the same major also chooses a schedule from the same 15 courses, also 5 courses, and chooses them independently of the first student (say each class is equally likely to be chosen). What is the probability that the two students choose the exact same schedule?2. Consider a simultaneous-move auction in which two players simultaneously choose bids which must be in nonnegative integer multiples of one cent. The higher bidder wins a dollar bill. If the bids are equal, neither player receives the dollar. Each player must pay his/her own bid whether or not he or she wins the dollar. Each player's payoff is simply the net winnings. Construct a symmetric mixed-strategy equilibrium in which every bid less than 1.00 has a positive probability.In an experimental study, researchers had each of their participants bet on each game of a professional football season. In the contingency table below is some information from a random sample of 100 bets from this study placed on the Columbus Crush (picking them to win) during the last 14 games of the season (the Crush had 7 wins and 7 losses over that period). The table indicates, for each bet placed on the Crush, whether or not the team won and how the participant who placed the bet wagered the following week. Español Each bet is classified according to two variables: result of picking the Crush ("Crush won" or "Crush lost") and bet placed the following week ("Picked Crush to win" or "Picked Crush to lose"). In the cells of the table are the respective observed frequencies, and three of the cells also have blanks. Fill in these blanks with 局 the frequencies expected if the two variables, result of picking the Crush and bet placed the following week, are independent. Round your…
- 3. Of all customers purch asing automatic ga age-door openers, 60% purchase a chain-driven model. Let X - the number among the next 15 purch as ers who select the ch ain -driven model. Wh at is the probab il ity that more th an 12 of the 15 purch asers select a ch ain- (a) driven mo del? (b) purch ase a ch ain -driven model? Wh at is the probability that fewer th an 5 of the next 15 purchasers do not (c) Calculate P(9 < X < 13) Wh at is the probability that the nu mber of the next 15 purchasers who select (d) the chain driven model is wit hin one st and ard deviation of the expected value of X?SO what would be the L, Lq, and Wq of this problem? Assuming we are trying to develop and sovle a waiting line system that can accomodate this increased leel of passenger traffic.Consider a game with n ∈ N participants which are somehow ordered (P1, P2, ..., Pn). The game starts with the first numbered player (P1) tosses a fair coin until the first “Tail” appears. By x1 we denote the number of flips made by P1. Player P1 is eliminated from the game if x1 < y. In this case, the second player tosses a fair coin until the first “Tail” appears. Similarly, by x2 we denote the number of flips made by P2. Player P2 is eliminated from the game if x1 + x2 < y. The game proceeds this way until either the total number of coin flips attains y, or all players are eliminated. All those players who are not eliminated at the end of the game are winners. Find the expected number of tosses for a player i (E(xi)) assuming there is no limit on the total number of flips (y).
- 1. Suppose two roommates i = 1,2 must decide how much time, 5< tį < 10 (and integer), to spend on cleaning their apartment. The payoff (per unit) to roommate i = 1,2 is given by the following function: (20i Pij (50j – 30i if j 2i if j2D6) For the payoff table below, the decision maker will use P(s1) = .15, P(s2) = .5, and P(s3) =.35. S1 S2 S3 D1 -5000 1000 10,000 D2 -15,000 -2000 40,000 What alternative would be chosen according to expected value?b. For a lottery having a payoff of 40,000 with probability p and -15,000 withprobability (1-p), the decision maker expressed the following indifferenceprobabilities. Payoff Probability10,000 .851000 .60-2000 .53-5000 .50 Let U(40,000) = 10 and U(-15,000) = 0 and find the utility value for each payoff. c. What alternative would be chosen according to expected utility?7In an experimental study, researchers had each of their participants bet on each game of a professional football season. In the contingency table below is some information from a random sample of 100 bets from this study placed on the Columbus Crush (picking them to win) during the last 14 games of the season (the Crush had 7 wins and 7 losses over that period). The table indicates, for each bet placed on the Crush, whether or not the team won and how the participant who placed the bet wagered the following week. Each bet is classified according to two variables: result of picking the Crush ("Crush won" or "Crush lost") and bet placed the following week ("Picked Crush to win" or "Picked Crush to lose"). In the cells of the table are the respective observed frequencies, and three of the cells also have blanks. Fill in these blanks with the frequencies expected if the two variables, result of picking the Crush and bet placed the following week, are independent. Round your answers to two…In an experimental study, researchers had each of their participants bet on each game of a professional football season. In the contingency table below is some information from a random sample of 100 bets from this study placed on the Columbus Crush (picking them to win) during the last 14 games of the season (the Crush had 7 wins and 7 losses over that period). The table indicates, for each bet placed on the Crush, whether or not the team won and how the participant who placed the bet wagered the following week. Each bet is classified according to two variables: result of picking the Crush ("Crush won" or "Crush lost") and bet placed the following week ("Picked Crush to win" or "Picked Crush to lose"). In the cells of the table are the respective observed frequencies, and three of the cells also have blanks. Fill in these blanks with the frequencies expected if the two variables, result of picking the Crush and bet placed the following week, are independent. Round your answers to two…SEE MORE QUESTIONS
