20 Simple Ways to Improve Capitalism for the Better with international example
In: Economics
In: Economics
In: Economics
In: Economics
Use the monopolistic competition model to analyze the potential
effects of trade
(importing and exporting) on the pharmaceutical industry. (hint:
highlight the tradeoffs).
In: Economics
1. In the collusion game, we found that collusion was only sustainable in the infinite horizon repeated game. One Nash Equilibrium of that game can be found when all players play a “grim trigger” strategy, where they collude until an opponent chooses to compete, and then compete for all future rounds as a punishment. In such a game, if the one period bonus that comes from competing is low enough, firms always collude and the punishment is never triggered. However, let’s think a little deeper about this Nash Equilibrium. Is the punishment (vowing to compete forever after one deviates) realistic, especially if firms can communicate freely? Why or why not? (Hint: Is a grim trigger Nash Equilibrium a Subgame Perfect Nash Equilibrium? What kinds of Nash Equilibria does Subgame Perfection rule out in sequential games?)
In: Economics
The rise of MBS, mortgage-backed securities, and other somewhat complex financial instruments is thought to be one the primary causes behind the Global Financial Crisis and the Great Recession following the crisis. Describe what securitization means and how incentives of all participants (i.e. borrowers, local banks, national banks, investment banks, insurers) led to the incredible rise of MBS in the leadup to the crisis.
In: Economics
What advantages do markets offer when viewed as selection devices for the evolution of an economy? (Beinhocker Chapter 13)
In: Economics
Respond to the following in a minimum of 175 words:
Discuss the limitations of GDP as a measurement tool.
In: Economics
What types of political, economic, and competitive challenges does MTV Networks International face by operating worldwide?
In: Economics
In fewer than 500 words, argue that beauty is an objective quality,and not a subjective taste.5(Hint: first, define beauty in a reasonable manner. Then,destroy the subjective argument, by showing that it is logically empty based on yourdefinition.)
In: Economics
In: Economics
Please write 600 to 800 words to answer the following questions:
What is Economics?
Why Study Economics?
What can be achieved by studying Economics?
What is Economist?
Summarize the benefits of studing Economics.
In: Economics