The Constitution limits the government's ability to suspend writs of habeas corpus. What does this protect individuals against?
a. free speech infringement
b. taxation of private property
c. unlawful detention
d. infringement of religious freedom
c
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As the price of crude oil has risen since 1970,
A) the government has reduced speed limits in an effort to reduce consumption of gasoline. B) the United States has struggled to find an economically feasible way to domestically drill and pump oil. C) individual consumers increased their demand for gasoline and have created shortages. D) industries that use oil to produce energy have switched to less expensive fuels. E) OPEC has instituted an embargo on shipments of petroleum to the United States.
__________ occurs when the effect of one independent variable depends on another independent variable
a. Main effects b. Interactions c. Interfaces d. Focal effects
Consolidation of democracy is
a. the point when elites and masses alike see no viable alternative to the democratic system. b. when a crisis emerges that threatens an existing democracy. c. the slow liberalization or rapid collapse of a non-democratic system. d. when the crisis stage brings an overhaul of the democratic system, rather than a non-democratic system. e. when a democracy collapses or slowly transforms into a non-democratic system.
What is (are) the expected outcome (outcomes) of the game?
In 2006, there were a number of media reports about the next generation of DVD players, which produce much clearer picture and sound than that produced by current machines. However, there are two competing formats, Blu-ray (Sony) and HD DVD (Toshiba). Both are affiliated with certain movie studios, which have agreed to release their movies in one or the other of the new formats. This creates a problem for the producers of this new technology—they all want their own version to win out, but by competing they make it entirely likely that most consumers will sit back and wait until (a) one of the formats is a clear winner or (b) a newer, even better, method of supplying movies is developed by someone else. If the latter happens, both Sony and Toshiba lose out.
Imagine that both companies have developed a new product, but with different formats. If one of the companies would be willing to switch quickly (assume that copyright laws would allow it to produce something similar), that company would lose some time and market share but be able to get into the market. Consumers would be more willing to buy the new technology, and both companies would make more money. If neither company is willing to coordinate with the other, they end up in a war of attrition, with fewer customers. This is shown in the game below.
A. Because there was only one Nash equilibrium, I would expect both players to choose the strategies that constitute that equilibrium.
B. Because there was more than one Nash equilibrium, it is difficult to say what the actual outcome of the game would be.