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Consider the following binary route choice game with 12 play…

Consider the following binary route choice game with 12 players. Each player simultaneously decides whether to take the main road or the side road. Let x define the number of commuters that take the main road. The payoff for taking the main road is UM=10+2(8-x) and the payoff for taking the side road is US=10+3[6-(12-x)]. The socially optimal outcome requires that there are _________ drivers in the main road.

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Ben Franklin wanted to take some ideas for American governme…

Ben Franklin wanted to take some ideas for American government from

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“Haste makes waste” is a quotation from

“Haste makes waste” is a quotation from

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Ben Franklin wanted to take some ideas for American governme…

Ben Franklin wanted to take some ideas for American government from

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The “People of the Longhouse” were the

The “People of the Longhouse” were the

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Consider the following binary route choice game with 12 play…

Consider the following binary route choice game with 12 players. Each player simultaneously decides whether to take the main road or the side road. Let x define the number of commuters that take the main road. The payoff for taking the main road is UM=10+2(8-x) and the payoff for taking the side road is US=10+3[6-(12-x)]. In the pure strategy equilibrium there are ________ drivers in the main road.

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“Call me, Ishmael” is the opening line of which famous Ameri…

“Call me, Ishmael” is the opening line of which famous American Work

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Thanksgiving was adopted as an official holiday by President

Thanksgiving was adopted as an official holiday by President

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Consider the following volunteer-dilemma game among 3 player…

Consider the following volunteer-dilemma game among 3 players. A benefit B=5 can be enjoyed if at least one of the 3 players decides to help. More than one person helping is redundant. The player that chooses to help incurs a cost, C=1 (note: B>C>0). If no one helps, all players’ utility is 0. In the symmetric mixed-strategy equilibrium, the probability that at least one person helps is _______ (round your answer to the nearest second decimal).

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“Combine ourselves together into a Civill body politick” is…

“Combine ourselves together into a Civill body politick” is from

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