A law firm has seven partners: a senior partner ( P 1 ) with 6 votes and six junior partners ( P 2 through P 7 ) with 1 vote each. The quota is a simple majority of the votes. (This law firm operates as the weighted voting system [7: 6, 1, 1, 1, 1, 1].) a. In how many sequential coalitions is the senior partner P 1 the pivotal player? ( Hint : First note that P 1 is the pivotal player in all sequential coalitions except those in which he is the first player.) b. Using your answer in (a), find the Shapley-Shubik power index of the senior partner P 1 . c. Using your answer in (b), find the Shapley-Shubik power distribution on in this law firm.
A law firm has seven partners: a senior partner ( P 1 ) with 6 votes and six junior partners ( P 2 through P 7 ) with 1 vote each. The quota is a simple majority of the votes. (This law firm operates as the weighted voting system [7: 6, 1, 1, 1, 1, 1].) a. In how many sequential coalitions is the senior partner P 1 the pivotal player? ( Hint : First note that P 1 is the pivotal player in all sequential coalitions except those in which he is the first player.) b. Using your answer in (a), find the Shapley-Shubik power index of the senior partner P 1 . c. Using your answer in (b), find the Shapley-Shubik power distribution on in this law firm.
A law firm has seven partners: a senior partner
(
P
1
)
with 6 votes and six junior partners
(
P
2
through
P
7
)
with 1 vote each. The quota is a simple majority of the votes. (This law firm operates as the weighted voting system [7: 6, 1, 1, 1, 1, 1].)
a. In how many sequential coalitions is the senior partner
P
1
the pivotal player? (Hint: First note that
P
1
is the pivotal player in all sequential coalitions except those in which he is the first player.)
b. Using your answer in (a), find the Shapley-Shubik power index of the senior partner
P
1
.
c. Using your answer in (b), find the Shapley-Shubik power distribution on in this law firm.
We consider the one-period model studied in class as an example. Namely, we assumethat the current stock price is S0 = 10. At time T, the stock has either moved up toSt = 12 (with probability p = 0.6) or down towards St = 8 (with probability 1−p = 0.4).We consider a call option on this stock with maturity T and strike price K = 10. Theinterest rate on the money market is zero.As in class, we assume that you, as a customer, are willing to buy the call option on100 shares of stock for $120. The investor, who sold you the option, can adopt one of thefollowing strategies: Strategy 1: (seen in class) Buy 50 shares of stock and borrow $380. Strategy 2: Buy 55 shares of stock and borrow $430. Strategy 3: Buy 60 shares of stock and borrow $480. Strategy 4: Buy 40 shares of stock and borrow $280.(a) For each of strategies 2-4, describe the value of the investor’s portfolio at time 0,and at time T for each possible movement of the stock.(b) For each of strategies 2-4, does the investor have…
eric
pez
Xte
in
z=
Therefore, we have
(x, y, z)=(3.0000,
83.6.1 Exercise
Gauss-Seidel iteration with
Start with (x, y, z) = (0, 0, 0). Use the convergent Jacobi i
Tol=10 to solve the following systems:
1.
5x-y+z = 10
2x-8y-z=11
-x+y+4z=3
iteration (x
Assi 2
Assi 3.
4.
x-5y-z=-8
4x-y- z=13
2x - y-6z=-2
4x y + z = 7
4x-8y + z = -21
-2x+ y +5z = 15
4x + y - z=13
2x - y-6z=-2
x-5y- z=-8
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2025.01.31 22:35
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Negate the following compound statement using De Morgans's laws.
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Discrete Distributions: Binomial, Poisson and Hypergeometric | Statistics for Data Science; Author: Dr. Bharatendra Rai;https://www.youtube.com/watch?v=lHhyy4JMigg;License: Standard Youtube License