Bonus question 1 The “Nash Equilibrium (NE)”, named after Na…
Bonus question 1 The “Nash Equilibrium (NE)”, named after Nash (1950) builds on the notion that every player finds her “best response” to each of her rivals’ strategies. Nash equilibrium (NE). A strategy profile is a NE if every player chooses a best response to her rivals’ strategies. Consider a two-player simultaneous-move game represented by a payoff matrix. The players are Firm 1 and Firm 2, who independently and simultaneously choose between two technologies, technology A (environmentally friendly) and technology B (conventional, polluting). The payoff matrix lists outcomes for each possible combination of technology choices. Each cell of the matrix reports the payoff pair as follows: (the payoff to Firm 1 under the corresponding strategy profile, the payoff to Firm 2 under the corresponding strategy profile) Please provide the strategic profile of the Nash Equilibrium (NE) _____________ Hint: In this game, there is only one NE. Hint: We refer to a “game” every time we consider a scenario in which the action of one agent (either individual, firm, or government) affect other agents’ well-being. Elements of game: Player: The set of individuals, firms, government or countries, that interact with one another. We consider games with 2 or more players. Strategy: A complete plan describing which actions a player chooses in each possible situation (contingency). Payoff: What every player obtains under each possible strategy path
Read DetailsThe interlocking feedback loops between mesenchyme and ectod…
The interlocking feedback loops between mesenchyme and ectoderm are required to initiate chick forelimb bud formation and to establish the AER to begin outgrowth. Select the correctly ordered pathway that represents the signaling pathway from the mesenchyme to the ectoderm.
Read DetailsRecently scientists have been using Xenopus (frogs) as an im…
Recently scientists have been using Xenopus (frogs) as an important biomedical research model with the goal of improving limb regeneration is humans. Their research approach is based on what feature of frog regeneration biology?
Read DetailsYou have a probability space with a message set consisting o…
You have a probability space with a message set consisting of all 256 characters. A code converts ” to the codeword 01001. Your friend argues that this is a waste of space, since ” takes only 1 byte in , but 5 bytes in this new format. How would you respond in detail?
Read DetailsThe diagram below represents a hash table, where the number…
The diagram below represents a hash table, where the numbers below the cells indicate indexes in the array, and a number within a cell indicates the home position of the item stored in that cell; Note: blank cells may or may not be occupied. Assume that linear probing is used in this hash table, and that deletion is not allowed. Indicate which blank cells must already be occupied within those cells. Explain your answer. Write your answer in the same format as the given sample fake answer below: The cells at indices {35, 40, 45, 50, 100,…..} must already be occupied. Because ………………your explanation…………
Read Details