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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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Suppose 17 committee members are voting for one of two candi…

Suppose 17 committee members are voting for one of two candidates (Helsinki or Geneva) to choose as the host city for the World Cup Final. If voting is conducted according to the plurality rule, there must always be a winner.

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Consider the following binary route choice game with 12 play…

Consider the following binary route choice game with 12 players. 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)]. Suppose there is 5 drivers in the main road and 6 drivers in the side road, and you are deciding between the main road and the side road. If you choose to take the main road your imposed externality is _________.

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The Puritan who fought for “Freedom of Conscience and religi…

The Puritan who fought for “Freedom of Conscience and religious Liberty” was

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Consider voting for the college football’s Heisman Trophy aw…

Consider voting for the college football’s Heisman Trophy award. The trophy is awarded by means of a Borda-count voting system. Each voter submits first-, second-, and third-place votes, worth 3 points, 2 points, and 1 point, respectively. Assume there are 500 Heisman voters. Under this voting system, what is the minimum integer number of first-place votes that it would have taken to guarantee victory (without any help from second or third-place votes)?

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Suppose Tokyo and Berlin will have either good luck or bad l…

Suppose Tokyo and Berlin will have either good luck or bad luck (each with equal chance) in earnings the coming year. If their luck is negatively correlated, they can set an arrangement to pool their income and split evenly in order to decrease the risk they’re exposed to.

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Arthur Miller wrote “The Crucible” to parallel the 1692 even…

Arthur Miller wrote “The Crucible” to parallel the 1692 events with

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