Problems 35-40 refer to the matrices in Problems 29-34. Use the limiting matrix P found for each transition matrix P in Problems 29-34 to determine the long-run behavior of the successive state matrices for the indicated initial-state matrices. For matrix P from Problem 30 with A S 0 = 0 0 1 B S 0 = .2 .5 .3
Problems 35-40 refer to the matrices in Problems 29-34. Use the limiting matrix P found for each transition matrix P in Problems 29-34 to determine the long-run behavior of the successive state matrices for the indicated initial-state matrices. For matrix P from Problem 30 with A S 0 = 0 0 1 B S 0 = .2 .5 .3
Solution Summary: The author calculates the long-run behavior of successive state matrices with the help of information given below.
Problems 35-40 refer to the matrices in Problems 29-34. Use the limiting matrix
P
found for each transition matrix
P
in Problems 29-34 to determine the long-run behavior of the successive state matrices for the indicated initial-state matrices.
Consider the weighted voting system [16: 15, 8, 3, 1]Find the Banzhaf power distribution of this weighted voting system.List the power for each player as a fraction:
P1:
P2:
P3:
P4:
No chatgpt pls will
Consider the weighted voting system [9: 7, 4, 1]Find the Shapley-Shubik power distribution of this weighted voting system.List the power for each player as a fraction:P1: P2: P3:
Chapter 9 Solutions
Pearson eText for Finite Mathematics for Business, Economics, Life Sciences, and Social Sciences -- Instant Access (Pearson+)
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