Business, 28.11.2019 05:31 fespinoza019

Suppose you and a classmate are playing a game where your classmate proposes a division of $1.00. then, you either accept or reject the offer. if you accept, then you and the classmate get the proposed portions of the dollar. however, if you reject theoffer, then you and your classmate receive nothing.
suppose your classmate offers you $0.12
what is your optimal strategy?
your optimal strategy is to the proposed division.
a. accept
b. reject
now suppose instead that you propose the division of the dollar. your classmate will then accept or reject your division. if the classmate accepts, then you each receive the portion of the dollar as you have proposed. however, if your classmate rejects, then you both get nothing.
your optimal strategy is to offer your classmate $ (enter a numeric response to two decimal places)

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 20:50, JasJackson

Barbara flynn is in charge of maintaining hospital supplies at general hospital. during the past year, the mean lead time demand for bandage bx-5 was 65 (and was normally distributed). furthermore, the standard deviation for bx-5 was 6. ms. flynn would like to maintain a 90% service level. refer to the standard normal table for z-values. a) what safety stock level do you recommend for bx-5? safety stock=)what is the appropriate reorder point? reorder point=

Answers: 1

continue

Business, 22.06.2019 23:00, keylor97

Which best describes what financial planning skills ultimately enable an individual to do? to prepare for the future to determine lifetime income to determine the cost of living to learn from the past

Answers: 1

continue

Business, 23.06.2019 00:30, studybuddy0203

Emerson has an associate degree based on the chart below how will his employment opportunities change from 2008 to 2018

Answers: 3

continue

Business, 23.06.2019 01:10, KariSupreme

Atariff on avocadoes the price of avocadoes, consumers' surplus for avocado buyers, producers' surplus of avocado growers and tariff revenue. because the loss to is more than the gain to there is a net loss to society. raises; decreases; increases; generates; consumers; producers and government raises; increases; decreases; does not generate; producers and government; consumers lowers; increases; decreases; does not generate; producers and government; consumers raises; increases; decreases; generates; producers; consumers and government

Answers: 2

continue

You know the right answer?

Suppose you and a classmate are playing a game where your classmate proposes a division of $1.00. t...